Spectral AI (MDAIW) Debt to Equity (2021 - 2026)

Spectral AI (MDAIW) reported Debt to Equity of -$1.93 for Q1 2026, up 75.08% on a YoY basis from -$1.1 in Q1 2025, and up 35.12% quarter-over-quarter from -$2.98 in Q4 2025.

Spectral AI (MDAIW) Debt to Equity (2021 - 2026) Analysis & Trends

Spectral AI has reported Debt to Equity for 6 years, with the latest figure at -$1.93 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 75.08% year-over-year to -$1.93; the trailing twelve-month figure through Mar 2026 stood at -$1.93 (up 75.08% YoY), and the FY2025 full-year result was -$2.98, down 235.04% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$1.93, up from -$2.98 in the prior quarter.
  • The five-year high for Debt to Equity was $0.79 in Q3 2023, with the low at -$7.76 in Q1 2025.
  • Historically, Debt to Equity has averaged -$1.4 across 5 years, with a median of -$0.55 in 2024.
  • Annual changes were most pronounced in 2023 — Debt to Equity jumped 65633.05% — and 2025, when it tumbled 783.06%.
  • Spectral AI's Debt to Equity stood at $0.01 in 2022, then soared by 7238.47% to $0.79 in 2023, then tumbled by 212.74% to -$0.89 in 2024, then sank by 235.04% to -$2.98 in 2025, then jumped by 35.12% to -$1.93 in 2026.
  • The last three Debt to Equity figures came in at -$1.93 (Q1 2026), -$2.98 (Q4 2025), and -$1.85 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 0.65
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 0.64
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 0.57
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 0.42
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 0.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.71
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 0.95
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 0.27
10 Spectral AI - - 2.03 Mn -1.93

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.93
Dec 31, 2025 -2.98
Sep 30, 2025 -1.85
Jun 30, 2025 -1.99
Mar 31, 2025 -7.76
Dec 31, 2024 -0.89
Sep 30, 2024 -0.21
Sep 30, 2023 0.79
Dec 31, 2022 0.01
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00