ERAS (Erasca) Debt-to-EBITDA : -0.31 (As of Mar. 2026)


ERAS Erasca Inc ERAS
22 GF Score
Price $19.18
! 2 Warning Signs
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What is Erasca Debt-to-EBITDA?

Erasca ERAS +1.64% 22 Debt-to-EBITDA is -0.31 as of Mar. 2026. GuruFocus rates ERAS with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 291 Biotechnology companies, Erasca ranks worse than 343642.27% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Erasca's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.25 Mil. Erasca's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $40.70 Mil. Erasca's annualized EBITDA for the quarter that ended in Mar. 2026 was $-148.75 Mil. Erasca's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.31.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

ERAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.41   Med: -0.34   Max: -0.08
Current: -0.35

During the past 7 years, the highest Debt-to-EBITDA Ratio of Erasca was -0.08. The lowest was -0.41. And the median was -0.34.

ERAS's Debt-to-EBITDA is ranked worse than
100% of 291 companies
in the Biotechnology industry
Industry Median: 1.14 vs ERAS: -0.35

Erasca  (NAS:ERAS) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Erasca Debt-to-EBITDA Related Terms


Erasca Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Erasca's Debt-to-EBITDA 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.

Erasca Debt-to-EBITDA Chart

Erasca Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.20 -0.39 -0.41 -0.34 -0.37

Erasca Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 -0.37 -0.41 -0.38 -0.37 -0.31

ERAS vs CELC, TNGX, DNTH: Debt-to-EBITDA Comparison

For the Biotechnology subindustry, Erasca's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Erasca Debt-to-EBITDA vs Biotechnology Industry

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

* The bar in red indicates where Erasca's Debt-to-EBITDA falls into.


ERAS
22GF Score
Erasca Inc ERAS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Erasca Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Erasca's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.066 + 42.073) / -128.298
=-0.37

Erasca's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.251 + 40.702) / -148.752
=-0.31

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.31 mean?
Erasca (ERAS) has a Debt-to-EBITDA of -0.31 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Erasca. According to the industry distribution chart, Erasca ranks #999999 out of 291 companies in the Biotechnology industry.
Is Erasca's Debt-to-EBITDA too high?
Erasca's current Debt-to-EBITDA is -0.31. Based on the distribution chart, Erasca ranks #999999 out of 291 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Erasca has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Erasca's Debt-to-EBITDA compare to CELC and TNGX?
According to the Biotechnology industry distribution chart, Erasca ranks #999999 out of 291 companies for Debt-to-EBITDA. This places Erasca in the lower half of its industry. The industry median Debt-to-EBITDA is 1.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Biotechnology company?
The median Debt-to-EBITDA among Biotechnology companies is 1.14, based on 291 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Erasca. For the Biotechnology industry, the median Debt-to-EBITDA is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erasca's current Debt-to-EBITDA is -0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erasca stock overvalued right now?
Erasca (ERAS) has a current Debt-to-EBITDA of -0.31. The current Debt-to-EBITDA is -0.31. Erasca's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Erasca (ERAS), the current Debt-to-EBITDA is -0.31 as of Mar. 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.

Erasca Business Description

Address 3115 Merryfield Row, Suite 300, San Diego, CA, USA, 92121
Erasca Inc is a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. Its focused RAS/MAPK pathway pipeline comprises modality-agnostic programs aligned with three therapeutic strategies of: targeting key upstream and downstream signaling nodes in the RAS/MAPK pathway; targeting RAS directly; and targeting escape routes that emerge in response to treatment. Its pipeline includes two clinical-stage programs (ERAS-0015, a pan-RAS molecular glue; and ERAS-4001, a pan-KRAS inhibitor), and ERAS-12, a discovery-stage program.
22GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.18
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