BLLN (BillionToOne) Debt-to-Equity: 0.27 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BLLN BillionToOne Inc BLLN
15 GF Score
Price $95.05
! 4 Warning Signs
View Full Analysis

What is BillionToOne Debt-to-Equity?

BillionToOne BLLN -0.25% 15 Debt-to-Equity is 0.27 as of Jun. 2026. GuruFocus rates BLLN with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 180 Medical Diagnostics & Research companies, BillionToOne ranks better than 51.11% on this metric.

BillionToOne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $6.8 Mil. BillionToOne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $137.2 Mil. BillionToOne's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $536.8 Mil. BillionToOne's debt to equity for the quarter that ended in Jun. 2026 was 0.27.

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 BillionToOne's Debt-to-Equity or its related term are showing as below:

BLLN' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.67   Med: -0.43   Max: 0.29
Current: 0.27

During the past 3 years, the highest Debt-to-Equity Ratio of BillionToOne was 0.29. The lowest was -0.67. And the median was -0.43.

BLLN's Debt-to-Equity is ranked better than
51.11% of 180 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.275 vs BLLN: 0.27

BillionToOne  (NAS:BLLN) 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.


BillionToOne Debt-to-Equity Related Terms


BillionToOne Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BillionToOne'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.

BillionToOne Debt-to-Equity Chart

BillionToOne Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
-0.67 -0.44 0.23

BillionToOne Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only -0.43 -0.45 0.23 0.29 0.27

BLLN vs TWST, SHC, RDNT: Debt-to-Equity Comparison

For the Diagnostics & Research subindustry, BillionToOne'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.


BillionToOne Debt-to-Equity vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, BillionToOne's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BillionToOne's Debt-to-Equity falls into.


BLLN
15GF Score
BillionToOne Inc BLLN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BillionToOne Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BillionToOne's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

BillionToOne's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.27 mean?
BillionToOne (BLLN) has a Debt-to-Equity of 0.27 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BillionToOne and its competitors. According to the industry distribution chart, BillionToOne ranks #88 out of 180 companies in the Medical Diagnostics & Research industry, placing it in the top 48.9%.
Is BillionToOne's Debt-to-Equity too high?
BillionToOne's current Debt-to-Equity is 0.27. The Medical Diagnostics & Research industry median Debt-to-Equity is 0.28. BillionToOne's value of 0.27 is 1.8% below this industry median. Based on the distribution chart, BillionToOne ranks #88 out of 180 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, BillionToOne has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does BillionToOne's Debt-to-Equity compare to TWST and SHC?
According to the Medical Diagnostics & Research industry distribution chart, BillionToOne ranks #88 out of 180 companies for Debt-to-Equity. This puts BillionToOne in the upper half of its industry. The industry median Debt-to-Equity is 0.28. BillionToOne's value of 0.27 is 1.8% below 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-Equity for a Medical Diagnostics & Research company?
The median Debt-to-Equity among Medical Diagnostics & Research companies is 0.28, based on 180 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. BillionToOne's current Debt-to-Equity of 0.27 is 1.8% 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 BillionToOne and its competitors. For the Medical Diagnostics & Research industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BillionToOne's current Debt-to-Equity is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BillionToOne stock overvalued right now?
BillionToOne (BLLN) has a current Debt-to-Equity of 0.27. The current Debt-to-Equity is 0.27 and 1.8% below the Medical Diagnostics & Research industry median of 0.28. BillionToOne's overall GF Score™ is 15/100 with 4 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 BillionToOne (BLLN), the current Debt-to-Equity is 0.27 as of Jun. 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.

BillionToOne Business Description

Address 1035 O’Brien Drive, Menlo Park, CA, USA, 94025
BillionToOne Inc is a molecular diagnostics company. It offers a portfolio of ultrasensitive tests covering prenatal genetic testing, cancer therapy selection, and response monitoring, which are based on its Quantitative Counting Templates (QCT) molecular counting platform. The company's product portfolio comprises UNITY, a portfolio of prenatal testing products that can conduct fetal risk analysis without requiring a paternal sample; Northstar Select, a ultrasensitive liquid biopsy test that provides insights into appropriate therapies for stage III or IV cancer patients; and Northstar Response, a tissue-free, pan-cancer, liquid biopsy test that measures several genomic loci uniquely methylated in cancer to provide insight into dynamic changes in therapy response.
15GF Score

Get the complete analysis for BLLN

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

$95.05
Price