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Oncolys BioPharma (TSE:4588) Debt-to-Equity : 0.21 (As of Dec. 2023)


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What is Oncolys BioPharma Debt-to-Equity?

Oncolys BioPharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円135.34 Mil. Oncolys BioPharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円179.83 Mil. Oncolys BioPharma's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,474.10 Mil. Oncolys BioPharma's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Oncolys BioPharma's Debt-to-Equity or its related term are showing as below:

TSE:4588' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.15   Max: 0.26
Current: 0.21

During the past 12 years, the highest Debt-to-Equity Ratio of Oncolys BioPharma was 0.26. The lowest was 0.12. And the median was 0.15.

TSE:4588's Debt-to-Equity is ranked worse than
57.28% of 1065 companies
in the Biotechnology industry
Industry Median: 0.14 vs TSE:4588: 0.21

Oncolys BioPharma Debt-to-Equity Historical Data

The historical data trend for Oncolys BioPharma's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oncolys BioPharma Debt-to-Equity Chart

Oncolys BioPharma Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.26 0.14 0.18 0.21

Oncolys BioPharma Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.20 0.34 0.24 0.21

Competitive Comparison of Oncolys BioPharma's Debt-to-Equity

For the Biotechnology subindustry, Oncolys BioPharma's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oncolys BioPharma's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Oncolys BioPharma's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Oncolys BioPharma's Debt-to-Equity falls into.



Oncolys BioPharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oncolys BioPharma's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Oncolys BioPharma's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oncolys BioPharma  (TSE:4588) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Oncolys BioPharma Debt-to-Equity Related Terms

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Oncolys BioPharma (TSE:4588) Business Description

Traded in Other Exchanges
N/A
Address
4-1-28 Toranomon, Toranomon Towers Office, Minato-ku, Tokyo, JPN, 105-0001
Oncolys BioPharma Inc develops pharmaceutical products. The company is engaged in research and development of oncolytic viruses, drugs for serious infectious diseases, molecular targeted anti-cancer drugs, and tumor diagnostic agents.

Oncolys BioPharma (TSE:4588) Headlines

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