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AbCellera Biologics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.13 Mil. AbCellera Biologics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $66.27 Mil. AbCellera Biologics's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,078.09 Mil. AbCellera Biologics's debt to equity for the quarter that ended in Sep. 2024 was 0.07.
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 AbCellera Biologics's Debt-to-Equity or its related term are showing as below:
During the past 6 years, the highest Debt-to-Equity Ratio of AbCellera Biologics was 0.67. The lowest was 0.01. And the median was 0.07.
The historical data trend for AbCellera Biologics'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.
AbCellera Biologics Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.67 | 0.01 | 0.04 | 0.07 | 0.07 |
AbCellera Biologics Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
For the Biotechnology subindustry, AbCellera Biologics'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.
For the Biotechnology industry and Healthcare sector, AbCellera Biologics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AbCellera Biologics's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
AbCellera Biologics'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 | |
= | (6.158 | + | 71.222) | / | 1152.318 | |
= | 0.07 |
AbCellera Biologics's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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 | |
= | (5.125 | + | 66.274) | / | 1078.094 | |
= | 0.07 |
* 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.
AbCellera Biologics (NAS:ABCL) 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.
Thank you for viewing the detailed overview of AbCellera Biologics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Thermopylae Holdings Ltd. | 10 percent owner | 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
John S. Montalbano | director | C/O ABCELLERA BIOLOGICS INC., 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
Michael R Hayden | director | C/O ASPREVA PHARMACEUTICALS CORPORATION, 1203-4464 MARKHAM STREET, VICTORIA A1 V8Z 7X8 |
Veronique Lecault | director, officer: Chief Operating Officer | C/O ABCELLERA BIOLOGICS INC., 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
Andrew Booth | officer: Chief Financial Officer | C/O ABCELLERA BIOLOGICS INC., 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
Andrew Lo | director | C/O ALPHASIMPLEX GROUP, LLC, ONE CAMBRIDGE CENTER, 9TH FLOOR, CAMBRIDGE MA 02142 |
John Hamer | director, 10 percent owner | PO BOX 14528, RESEARCH TRIANGLE PARK NC 27709-4528 |
Ester Falconer | officer: Chief Technology Officer | C/O ABCELLERA BIOLOGICS INC., 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
Hansen Carl L. G. | director, 10 percent owner, officer: Chief Executive Officer | C/O ABCELLERA BIOLOGICS INC., 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
Tryn Stimart | officer: Chief Legal Officer | C/O ABCELLERA BIOLOGICS INC., 2215 YUKON STREET, VANCOUVER A1 V5Y 0A1 |
Peter Thiel | director | 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069 |
Dcvc Bio, L.p. | 10 percent owner | 317 UNIVERSITY AVENUE, SUITE 200, PALO ALTO CA 94301 |
Dcvc Bio Gp, Llc | 10 percent owner | 270 UNIVERSITY AVENUE, PALO ALTO CA 94301 |
Zachary Bogue | 10 percent owner | 270 UNIVERSITY AVENUE, PALO ALTO CA 94301 |
Matthew Ocko | 10 percent owner | 270 UNIVERSITY AVENUE, PALO ALTO CA 94301 |
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