Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ImmunovantIMVT -1.53%29 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 439.62. GuruFocus rates IMVT with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 1,400 Biotechnology companies, Immunovant ranks better than 99.79% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Immunovant's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Immunovantcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
The historical rank and industry rank for Immunovant's Cash-to-Debt or its related term are showing as below:
IMVT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 439.62 Max: 16290.65
Current: 11080.53
During the past 8 years, Immunovant's highest Cash to Debt Ratio was 16290.65. The lowest was 0.49. And the median was 439.62.
IMVT's Cash-to-Debt is ranked better than 99.79% of 1400
companies
in the Biotechnology industry
Industry Median: 6.315
vs IMVT: 11080.53
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Immunovant Cash-to-Debt Related Terms
Immunovant Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Immunovant's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Biotechnology subindustry, Immunovant's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
Immunovant Cash-to-Debt vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Immunovant's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Immunovant's Cash-to-Debt falls into.
Immunovant's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
Immunovant had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Immunovant (IMVT) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 439.62. Over the past decade, Immunovant's Cash-to-Debt has ranged from 0.49 to 16,290.65. According to the industry distribution chart, Immunovant ranks #3 out of 1400 companies in the Biotechnology industry, placing it in the top 0.2%.
Is Immunovant's Cash-to-Debt too high?
Immunovant's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 439.62. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 16,290.65. Based on the distribution chart, Immunovant ranks #3 out of 1400 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Immunovant has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Immunovant's Cash-to-Debt compare to PCVX and TGTX?
According to the Biotechnology industry distribution chart, Immunovant ranks #3 out of 1400 companies for Cash-to-Debt. This places Immunovant in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 6.32. Historically, Immunovant's own Cash-to-Debt has ranged from 0.49 to 16,290.65 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Biotechnology company?
The median Cash-to-Debt among Biotechnology companies is 6.32, based on 1,400 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Cash-to-Debt is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Immunovant's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 439.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immunovant stock overvalued right now?
Immunovant (IMVT) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 439.62. Immunovant's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Immunovant (IMVT), the current Cash-to-Debt is No Debt (1) as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Immunovant Inc is a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases. Its focus is on developing IMVT-1402, a potential inhibitor of the neonatal fragment crystallizable receptor (FcRn), to address autoimmune diseases driven by high levels of pathogenic immunoglobulin G (IgG) antibodies. FcRn is involved in preventing the degradation of IgG antibodies, and inhibition of FcRn has been shown to reduce levels of total IgG and pathogenic IgG antibodies. The Company operates in a single operating segment and has one reportable segment, which includes all activities related to the discovery, development and manufacturing of its product candidates.
29GF Score
Get the complete analysis for IMVT
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IMVT has been successfully added to your 
