TG Therapeutics (FRA:NKB2) Debt-to-EBITDA : 6.70 (As of Mar. 2026)

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FRA:NKB2 TG Therapeutics Inc FRA:NKB2
58 GF Score
Price €42.70
! 6 Warning Signs
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What is TG Therapeutics Debt-to-EBITDA?

TG Therapeutics FRA:NKB2 +0.95% 58 Debt-to-EBITDA is 6.70 as of Mar. 2026. GuruFocus rates FRA:NKB2 with a GF Score™ of 58/100. The stock has 6 warning signs investors should review. Among 297 Biotechnology companies, TG Therapeutics ranks worse than 80.81% on this metric.

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

TG Therapeutics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1.6 Mil. TG Therapeutics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €650.3 Mil. TG Therapeutics's annualized EBITDA for the quarter that ended in Mar. 2026 was €97.3 Mil. TG Therapeutics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.70.

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 TG Therapeutics's Debt-to-EBITDA or its related term are showing as below:

FRA:NKB2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.39   Med: 0   Max: 5.41
Current: 5.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of TG Therapeutics was 5.41. The lowest was -0.39. And the median was 0.00.

FRA:NKB2's Debt-to-EBITDA is ranked worse than
80.81% of 297 companies
in the Biotechnology industry
Industry Median: 1.21 vs FRA:NKB2: 5.41

TG Therapeutics  (FRA:NKB2) 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.


TG Therapeutics Debt-to-EBITDA Related Terms


TG Therapeutics Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TG Therapeutics'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.

TG Therapeutics Debt-to-EBITDA Chart

TG Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.39 4.25 5.08 1.89

TG Therapeutics 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 5.17 1.68 1.94 1.23 6.70

FRA:NKB2 vs PTGX, CRNX, SYRE: Debt-to-EBITDA Comparison

For the Biotechnology subindustry, TG Therapeutics'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.


TG Therapeutics Debt-to-EBITDA vs Biotechnology Industry

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

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


FRA:NKB2
58GF Score
TG Therapeutics Inc FRA:NKB2
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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TG Therapeutics Debt-to-EBITDA Calculation

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

TG Therapeutics'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
=(0.892 + 215.777) / 114.744
=1.89

TG Therapeutics'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
=(1.576 + 650.251) / 97.256
=6.70

* 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 6.70 mean?
TG Therapeutics (FRA:NKB2) has a Debt-to-EBITDA of 6.70 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 TG Therapeutics. According to the industry distribution chart, TG Therapeutics ranks #240 out of 297 companies in the Biotechnology industry, placing it in the top 80.8%.
Is TG Therapeutics' Debt-to-EBITDA too high?
TG Therapeutics' current Debt-to-EBITDA is 6.70. The Biotechnology industry median Debt-to-EBITDA is 1.21. TG Therapeutics' value of 6.70 is 453.7% above this industry median. Based on the distribution chart, TG Therapeutics ranks #240 out of 297 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, TG Therapeutics has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does TG Therapeutics' Debt-to-EBITDA compare to PTGX and CRNX?
According to the Biotechnology industry distribution chart, TG Therapeutics ranks #240 out of 297 companies for Debt-to-EBITDA. This places TG Therapeutics in the lower half of its industry. The industry median Debt-to-EBITDA is 1.21. TG Therapeutics' value of 6.70 is 453.7% above this benchmark. 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 1.21, based on 297 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. TG Therapeutics's current Debt-to-EBITDA of 6.70 is 453.7% above the industry median. 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 TG Therapeutics. For the Biotechnology industry, the median Debt-to-EBITDA is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TG Therapeutics's current Debt-to-EBITDA is 6.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TG Therapeutics stock overvalued right now?
TG Therapeutics (FRA:NKB2) has a current Debt-to-EBITDA of 6.70. The current Debt-to-EBITDA is 6.70 and 453.7% above the Biotechnology industry median of 1.21. TG Therapeutics' overall GF Score™ is 58/100 with 6 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 TG Therapeutics (FRA:NKB2), the current Debt-to-EBITDA is 6.70 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.

TG Therapeutics Business Description

Other Exchanges TGTX:USA1TGTX:Italy
Address 3020 Carrington Mill Boulevard, Suite 475, Morrisville, NC, USA, 27560
TG Therapeutics Inc is a fully integrated, commercial-stage biotechnology company focused on acquiring, developing, and commercializing novel treatments for B-cell diseases. In addition to a research pipeline, TG Therapeutics has received approval from the U.S. Food and Drug Administration (FDA) for BRIUMVI (ublituximab-xiiy) to treat adult patients with relapsing forms of multiple sclerosis (RMS), including clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease, as well as approval from several regulatory agencies outside of the U.S. for BRIUMVI to treat adult patients with RMS who have active disease defined by clinical or imaging features.
58GF Score

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