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Northwest BiotherapeuticsNWBO +1.85%11 Debt-to-EBITDA is 129.02 as of Mar. 2026. GuruFocus rates NWBO with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 295 Biotechnology companies, Northwest Biotherapeutics ranks worse than 338982.71% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Northwest Biotherapeutics's Debt-to-EBITDA or its related term are showing as below:
NWBO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.98 Med: -0.58 Max: 0.21
Current: -1.98
During the past 13 years, the highest Debt-to-EBITDA Ratio of Northwest Biotherapeutics was 0.21. The lowest was -1.98. And the median was -0.58.
NWBO's Debt-to-EBITDA is ranked worse than 100% of 295
companies
in the Biotechnology industry
Industry Median: 1.14
vs NWBO: -1.98
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.
Northwest Biotherapeutics Debt-to-EBITDA Related Terms
Northwest Biotherapeutics Debt-to-EBITDA Historical Data
* 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.
NWBO vs FATE, IMRX, FHTX: Debt-to-EBITDA Comparison
For the Biotechnology subindustry, Northwest Biotherapeutics'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.
Northwest Biotherapeutics Debt-to-EBITDA vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Northwest Biotherapeutics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Northwest Biotherapeutics's Debt-to-EBITDA falls into.
* 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.
Northwest Biotherapeutics (NWBO) has a Debt-to-EBITDA of 129.02 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 Northwest Biotherapeutics. According to the industry distribution chart, Northwest Biotherapeutics ranks #999999 out of 295 companies in the Biotechnology industry.
Is Northwest Biotherapeutics' Debt-to-EBITDA too high?
Northwest Biotherapeutics' current Debt-to-EBITDA is 129.02. The Biotechnology industry median Debt-to-EBITDA is 1.14. Northwest Biotherapeutics' value of 129.02 is 11217.5% above this industry median. Based on the distribution chart, Northwest Biotherapeutics ranks #999999 out of 295 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Northwest Biotherapeutics has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Northwest Biotherapeutics' Debt-to-EBITDA compare to FATE and IMRX?
According to the Biotechnology industry distribution chart, Northwest Biotherapeutics ranks #999999 out of 295 companies for Debt-to-EBITDA. This places Northwest Biotherapeutics in the lower half of its industry. The industry median Debt-to-EBITDA is 1.14. Northwest Biotherapeutics' value of 129.02 is 11217.5% 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 1.14, based on 295 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. Northwest Biotherapeutics's current Debt-to-EBITDA of 129.02 is 11217.5% 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 Northwest Biotherapeutics. 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. Northwest Biotherapeutics's current Debt-to-EBITDA is 129.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northwest Biotherapeutics stock overvalued right now?
Northwest Biotherapeutics (NWBO) has a current Debt-to-EBITDA of 129.02. The current Debt-to-EBITDA is 129.02 and 11217.5% above the Biotechnology industry median of 1.14. Northwest Biotherapeutics' overall GF Score™ is 11/100 with 5 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 Northwest Biotherapeutics (NWBO), the current Debt-to-EBITDA is 129.02 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.
Northwest Biotherapeutics Inc a biotechnology company focused on developing personalized immune therapies for cancer. The target is a broad range of solid-tumor cancers. The company has a proprietary manufacturing technology, which it uses to produce a personalized vaccine. The product portfolio includes product candidates such as DCVax-L, for patients with brain cancer; DCVax-Direct, direct injection into all types of inoperable solid tumor cancers, and DCVax for late-stage ovarian cancer. DCVax-Prostate, for late-stage prostate cancer, has received clearance from the U.S Food and Drug Administration.
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