Innate Pharma (Innate Pharma) Debt-to-Equity : 0.77 (As of Dec. 2023)

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What is Innate Pharma Debt-to-Equity?

Innate Pharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.75 Mil. Innate Pharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33.76 Mil. Innate Pharma's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $56.60 Mil. Innate Pharma's debt to equity for the quarter that ended in Dec. 2023 was 0.77.

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 Innate Pharma's Debt-to-Equity or its related term are showing as below:

IPHA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.78
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Innate Pharma was 0.78. The lowest was 0.03. And the median was 0.08.

IPHA's Debt-to-Equity is ranked worse than
82.28% of 1072 companies
in the Biotechnology industry
Industry Median: 0.145 vs IPHA: 0.77

Innate Pharma Debt-to-Equity Historical Data

The historical data trend for Innate Pharma'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.

Innate Pharma Debt-to-Equity Chart

Innate Pharma Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.12

0.41

0.78

0.77

Innate Pharma Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.37	0.78	0.70	0.77

Competitive Comparison of Innate Pharma's Debt-to-Equity

For the Biotechnology subindustry, Innate Pharma'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.

Innate Pharma's Debt-to-Equity Distribution in the Biotechnology Industry

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

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

Innate Pharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.745	+	33.759)	/	56.599
	=	0.77

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.745	+	33.759)	/	56.599
	=	0.77

Innate Pharma (NAS:IPHA) 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.

Innate Pharma Debt-to-Equity Related Terms

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Innate Pharma (Innate Pharma) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Innate Pharma SA (NAS:IPHA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IPHYF:USA 0EVI:UK IPH:France IDDA:Germany

Address

117, Avenue de Luminy, Marseille, FRA, 13009

Website

https://www.innate-pharma.com

Innate Pharma SA is a clinical-stage biotechnology company. The company is engaged in discovering and developing first-in-class therapeutic antibodies that harness the innate immune system to improve cancer treatment and clinical outcomes for patients. It specializes in immuno-oncology, a new therapeutic field that is changing cancer treatment by mobilizing the power of the body's immune system to recognize and kill cancer cells. The company's revenue results from payments received to research, collaboration, and licensing agreements signed with pharmaceutical companies. Its product pipeline includes lacutamab, monalizumab, IPH5201, avdoralimab, and others.