Ocugen (OCGN) Debt to Equity (2014 - 2026)
Ocugen (OCGN) reported Debt to Equity of $5.03 for Q1 2026, up 189.25% on a YoY basis from $1.74 in Q1 2025, and up 312.5% quarter-over-quarter from -$2.37 in Q4 2025.
Ocugen (OCGN) Debt to Equity (2014 - 2026) Analysis & Trends
Ocugen has reported Debt to Equity for 13 years, with the latest figure at $5.03 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 189.25% year-over-year to $5.03; the trailing twelve-month figure through Mar 2026 stood at $5.03 (up 189.25% YoY), and the FY2025 full-year result was -$2.37, down 344.59% from the prior year.
- Debt to Equity for Q1 2026 stood at $5.03, up from -$2.37 in the prior quarter.
- The five-year high for Debt to Equity was $9.18 in Q2 2025, with the low at -$2.37 in Q4 2025.
- Historically, Debt to Equity has averaged $1.37 across 5 years, with a median of $0.07 in 2023.
- The largest YoY upside for Debt to Equity was 11212.92% in 2025 against a maximum downside of 344.59% in 2025.
- Ocugen's Debt to Equity stood at $0.03 in 2022, then surged by 123.1% to $0.07 in 2023, then jumped by 1301.73% to $0.97 in 2024, then sank by 344.59% to -$2.37 in 2025, then soared by 312.5% to $5.03 in 2026.
- The last three Debt to Equity figures came in at $5.03 (Q1 2026), -$2.37 (Q4 2025), and $8.04 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | 0.32 |
| 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 | Ocugen | 411.07 Mn | 411.07 Mn | - | 5.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.03 |
| Dec 31, 2025 | -2.37 |
| Sep 30, 2025 | 8.04 |
| Jun 30, 2025 | 9.18 |
| Mar 31, 2025 | 1.74 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.07 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.01 |