Mesoblast (MESO) Debt Ratio (2018 - 2025)

Mesoblast's (MESO) quarterly Debt Ratio came in at 0.11 in Q4 2025, down 81.13% year-on-year from 0.56 in Q4 2024, and down 136.12% quarter-over-quarter from 0.29 in Q2 2025.

Mesoblast (MESO) Debt Ratio (2018 - 2025) Analysis & Trends

Mesoblast has disclosed Debt Ratio across 8 years of filings, most recently posting 0.11 for Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.11, down 81.13% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.11 (down 81.13% YoY), and the FY2025 annual result was 0.29, up 71.0% from the prior year.
  • Debt Ratio came in at 0.11 for Q4 2025 at Mesoblast, down from 0.29 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.29 in Q2 2025 to a low of 0.11 in Q4 2025.
  • The 5-year median for Debt Ratio is 0.12 (2021), against an average of 0.08.
  • Across the five-year window, Debt Ratio jumped 89.14% in 2022 and slumped 147.81% in 2024, its largest moves.
  • Mesoblast's Debt Ratio stood at 0.12 in 2021, then sank by 122.82% to 0.03 in 2022, then advanced by 16.12% to 0.02 in 2023, then plunged by 147.81% to 0.06 in 2024, then tumbled by 81.13% to 0.11 in 2025.
  • The last three Debt Ratio figures came in at 0.11 (Q4 2025), 0.29 (Q2 2025), and 0.06 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.18
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Mesoblast 21.68 Bn 21.55 Bn - -0.11

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.11
Jun 30, 2025 0.29
Dec 31, 2024 -0.06
Jun 30, 2024 0.17
Dec 31, 2023 -0.02
Jun 30, 2023 0.16
Mar 31, 2023 -0.03
Dec 31, 2022 -0.03
Sep 30, 2022 0.14
Jun 30, 2022 0.15
Mar 31, 2022 0.13
Dec 31, 2021 0.12
Sep 30, 2021 0.07
Jun 30, 2021 0.13
Mar 31, 2021 0.07
Dec 31, 2020 0.07
Sep 30, 2020 0.08
Jun 30, 2020 0.16
Mar 31, 2020 0.09
Dec 31, 2019 0.10