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Anixa BiosciencesANIX -1.20%29 Debt-to-Equity is 0.01 as of Apr. 2026, which is at its 10-year median of 0.01. GuruFocus rates ANIX with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 966 Biotechnology companies, Anixa Biosciences ranks better than 99.9% on this metric.
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 Anixa Biosciences's Debt-to-Equity or its related term are showing as below:
ANIX'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.79 Med: 0.01 Max: 0.84
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Anixa Biosciences was 0.84. The lowest was -0.79. And the median was 0.01.
ANIX's Debt-to-Equity is ranked better than 99.9% of 966
companies
in the Biotechnology industry
Industry Median: 0.16
vs ANIX: 0.01
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.
Anixa Biosciences Debt-to-Equity Related Terms
Anixa Biosciences Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Anixa Biosciences'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.
ANIX vs BMEA, PMN, ATRA: Debt-to-Equity Comparison
For the Biotechnology subindustry, Anixa Biosciences'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.
Anixa Biosciences Debt-to-Equity vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Anixa Biosciences's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Anixa Biosciences's Debt-to-Equity 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.
Anixa Biosciences (ANIX) has a Debt-to-Equity of 0.01 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Anixa Biosciences and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, Anixa Biosciences ranks #1 out of 966 companies in the Biotechnology industry, placing it in the top 0.099999999999994%.
Is Anixa Biosciences' Debt-to-Equity too high?
Anixa Biosciences' current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Biotechnology industry median Debt-to-Equity is 0.16. Anixa Biosciences' value of 0.01 is 93.8% below this industry median. Based on the distribution chart, Anixa Biosciences ranks #1 out of 966 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Anixa Biosciences has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Anixa Biosciences' Debt-to-Equity compare to BMEA and PMN?
According to the Biotechnology industry distribution chart, Anixa Biosciences ranks #1 out of 966 companies for Debt-to-Equity. This places Anixa Biosciences in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.16. Anixa Biosciences' value of 0.01 is 93.8% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.16, Anixa Biosciences has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Biotechnology company?
The median Debt-to-Equity among Biotechnology companies is 0.16, based on 966 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anixa Biosciences's current Debt-to-Equity of 0.01 is 93.8% below 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Anixa Biosciences and its competitors. For the Biotechnology industry, the median Debt-to-Equity is 0.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anixa Biosciences's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anixa Biosciences stock overvalued right now?
Anixa Biosciences (ANIX) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 93.8% below the Biotechnology industry median of 0.16. Anixa Biosciences' overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Anixa Biosciences (ANIX), the current Debt-to-Equity is 0.01 as of Apr. 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.
Anixa Biosciences Inc is a biotechnology company developing therapies and vaccines focused on critical unmet needs in oncology. Its operations are organized into reportable segments comprising Cancer Vaccines, CAR-T Therapies, and Other. The Cancer Vaccines segment involves vaccines to treat and prevent breast and ovarian cancer, as well as additional cancer vaccines targeting intractable cancers, including high-incidence malignancies in lung, colon, and prostate. The CAR-T Therapies segment involves the development of liraltagene autoleucel (lira-cel), an ovarian cancer immunotherapy using chimeric endocrine receptor-T cell technology, developed at its subsidiary, Certainty Therapeutics, Inc. The Other segment consists of legacy operations, including limited patent licensing activities.
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