Beyond Air (XAIR) Debt to Equity (2015 - 2025)

Beyond Air's (XAIR) quarterly Debt to Equity came in at $2.65 in Q4 2025, up 455.82% year-on-year from $0.48 in Q4 2024, and up 244.35% quarter-over-quarter from $0.77 in Q3 2025.

Beyond Air (XAIR) Debt to Equity (2015 - 2025) Analysis & Trends

Beyond Air has disclosed Debt to Equity across 10 years of filings, most recently posting $2.65 for Q4 2025.

  • Debt to Equity for Q4 2025 came in at $2.65, up 455.82% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.65 (up 455.82% YoY), and the FY2025 annual result was $0.68, up 19.77% from the prior year.
  • Debt to Equity came in at $2.65 for Q4 2025 at Beyond Air, up from $0.77 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.65 in Q4 2025 to a low of $0.01 in Q3 2021.
  • The 5-year median for Debt to Equity is $0.37 (2023), against an average of $0.47.
  • Across the five-year window, Debt to Equity sank 97.54% in 2021 and soared 1532.28% in 2024, its largest moves.
  • Beyond Air's Debt to Equity stood at $0.04 in 2021, then surged by 131.86% to $0.08 in 2022, then jumped by 651.61% to $0.62 in 2023, then fell by 22.82% to $0.48 in 2024, then soared by 455.82% to $2.65 in 2025.
  • The last three Debt to Equity figures came in at $2.65 (Q4 2025), $0.77 (Q3 2025), and $0.95 (Q2 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 Beyond Air 2.53 Mn -7.33 Mn 300,000.00 2.65

Historic Data

Download Data
DateValue
Dec 31, 2025 2.65
Sep 30, 2025 0.77
Jun 30, 2025 0.95
Mar 31, 2025 0.68
Dec 31, 2024 0.48
Sep 30, 2024 0.38
Jun 30, 2024 0.87
Mar 31, 2024 0.57
Dec 31, 2023 0.62
Sep 30, 2023 0.50
Jun 30, 2023 0.36
Mar 31, 2023 0.03
Dec 31, 2022 0.08
Sep 30, 2022 0.08
Jun 30, 2022 0.12
Mar 31, 2022 0.02
Dec 31, 2021 0.04
Sep 30, 2021 0.01
Jun 30, 2021 0.15
Mar 31, 2021 0.04