Ocugen (OCGN) Debt Ratio (2014 - 2026)
Ocugen's (OCGN) Debt Ratio stood at 0.68 in Q2 2026, up 29.5% from 0.52 a year earlier and up 32.0% from the prior quarter.
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Analysis
Ocugen (OCGN) Debt Ratio (2014 - 2026) Analysis & Trends
For FY2025, Ocugen's Debt Ratio came in at 0.66, up 90.3% from FY2024.
- Annual Debt Ratio has increased for four straight years.
- Across earlier years, Debt Ratio came in at 0.35 in FY2024 (+701.7%), 0.04 in FY2023 (+105.9%), 0.02 in FY2022 (+30.2%) and 0.02 in FY2021 (-78.5%).
- The Q2 2026 figure is the highest quarterly Debt Ratio since Q2 2019.
- On a year-over-year basis, Debt Ratio has increased for 16 consecutive quarters, with growth averaging 394.0% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 957.8% in Q3 2025, against a decline of 90.5% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.51 (Q1 2026), 0.66 (Q4 2025) and 0.49 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,134.24 Bn | 1,102.83 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 616.05 Bn | 534.58 Bn | 17.26 Bn | 0.24 |
| 3 | AbbVie | 500.90 Bn | 474.01 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 367.17 Bn | 321.54 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 297.85 Bn | 261.84 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 261.35 Bn | 235.03 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 235.77 Bn | 191.17 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 190.70 Bn | 164.90 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 169.35 Bn | 115.99 Bn | 10.94 Bn | 0.31 |
| 10 | Ocugen | 274.36 Mn | 90.88 Mn | - | 0.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.49 |
| Jun 30, 2025 | 0.52 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.01 |
API Access
Ocugen Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=OCGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "OCGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=OCGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();