Finance & planning

Debt to Equity Calculator

Measure interest-bearing debt relative to positive shareholder equity.

No sign-upBrowser-only calculationsFormula & methodology
01

Your numbers

Use one currency and the same reporting period. Sample values are filled in to help you start.

currency
currency

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02

Example result

Debt-to-equity ratio1.5×

This version uses debt, not total liabilities. Negative or zero equity makes this ratio unsuitable for ordinary interpretation.

Understand the result

How to calculate it

Debt-to-equity = interest-bearing debt ÷ shareholder equity

This version uses debt, not total liabilities. Negative or zero equity makes this ratio unsuitable for ordinary interpretation.

Worked example

This is an illustrative scenario, not a market benchmark. Select “Reset to example” to reproduce it in the calculator.

Interest-bearing debt
120,000 currency units
Shareholder equity
80,000 currency units

Debt-to-equity ratio: 1.5×

Common questions

Debt to Equity FAQ

Why does another source report a different value?

Some definitions use total liabilities. State which numerator you use and compare companies consistently.

What does this calculation leave out?

This version uses debt, not total liabilities. Negative or zero equity makes this ratio unsuitable for ordinary interpretation.

Are my inputs saved or sent to a server?

Calculations run in your browser. We do not send your inputs or results to our server or analytics. A comparison stays in this tab until it is refreshed. A CSV is saved only when you choose to download it. See our privacy policy for ordinary hosting and optional analytics data.

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