BNR (Burning Rock Biotech) Debt-to-Equity: 0.10 (As of Mar. 2026) — 100% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BNR Burning Rock Biotech Ltd BNR
61 GF Score
Price $9.11
GF Value $7.46
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Burning Rock Biotech Debt-to-Equity?

Burning Rock Biotech BNR +1.47% 61 Debt-to-Equity is 0.10 as of Mar. 2026, which is 100% above its 10-year median of 0.05. GuruFocus rates BNR with a GF Score™ of 61/100 and a GF Value™ of $7.46 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 183 Medical Diagnostics & Research companies, Burning Rock Biotech ranks better than 74.32% on this metric.

Burning Rock Biotech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3.09 Mil. Burning Rock Biotech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4.29 Mil. Burning Rock Biotech's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $74.94 Mil. Burning Rock Biotech's debt to equity for the quarter that ended in Mar. 2026 was 0.10.

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 Burning Rock Biotech's Debt-to-Equity or its related term are showing as below:

BNR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.45   Med: 0.05   Max: 0.16
Current: 0.1

During the past 9 years, the highest Debt-to-Equity Ratio of Burning Rock Biotech was 0.16. The lowest was -0.45. And the median was 0.05.

BNR's Debt-to-Equity is ranked better than
74.32% of 183 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.31 vs BNR: 0.10

Burning Rock Biotech  (NAS:BNR) 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.


Burning Rock Biotech Debt-to-Equity Related Terms


Burning Rock Biotech Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Burning Rock Biotech'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.

Burning Rock Biotech Debt-to-Equity Chart

Burning Rock Biotech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.05 0.04 0.02 0.09 0.08

Burning Rock Biotech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.07 0.07 0.06 0.08 0.10

BNR vs XGN, PRPO, IDXG: Debt-to-Equity Comparison

For the Diagnostics & Research subindustry, Burning Rock Biotech'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.


Burning Rock Biotech Debt-to-Equity vs Medical Diagnostics & Research Industry

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

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


BNR
61GF Score
Burning Rock Biotech Ltd BNR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Burning Rock Biotech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Burning Rock Biotech's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.10 mean?
Burning Rock Biotech (BNR) has a Debt-to-Equity of 0.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Burning Rock Biotech and its competitors. This is 100% above median its historical median of 0.05. According to the industry distribution chart, Burning Rock Biotech ranks #47 out of 183 companies in the Medical Diagnostics & Research industry, placing it in the top 25.7%.
Is Burning Rock Biotech's Debt-to-Equity too high?
Burning Rock Biotech's current Debt-to-Equity of 0.10 is 100% above median its 10-year median of 0.05. The Medical Diagnostics & Research industry median Debt-to-Equity is 0.31. Burning Rock Biotech's value of 0.10 is 67.7% below this industry median. Based on the distribution chart, Burning Rock Biotech ranks #47 out of 183 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Burning Rock Biotech has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burning Rock Biotech's Debt-to-Equity compare to XGN and PRPO?
According to the Medical Diagnostics & Research industry distribution chart, Burning Rock Biotech ranks #47 out of 183 companies for Debt-to-Equity. This puts Burning Rock Biotech in the upper half of its industry. The industry median Debt-to-Equity is 0.31. Burning Rock Biotech's value of 0.10 is 67.7% below this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 0.31, Burning Rock Biotech 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 Medical Diagnostics & Research company?
The median Debt-to-Equity among Medical Diagnostics & Research companies is 0.31, based on 183 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. Burning Rock Biotech's current Debt-to-Equity of 0.10 is 67.7% 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 Burning Rock Biotech and its competitors. For the Medical Diagnostics & Research industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burning Rock Biotech's current Debt-to-Equity is 0.10, which is 100% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burning Rock Biotech stock overvalued right now?
Based on GuruFocus' analysis, Burning Rock Biotech (BNR) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.46, compared to a current price of $9.11 — trading 22.1% above its estimated fair value. The current Debt-to-Equity is 0.10, which is 100% above median its 10-year median of 0.05 and 67.7% below the Medical Diagnostics & Research industry median of 0.31. Burning Rock Biotech's overall GF Score™ is 61/100 with 2 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 Burning Rock Biotech (BNR), the current Debt-to-Equity is 0.10 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.

Is Burning Rock Biotech (BNR) Overvalued in 2026?

Based on GuruFocus' analysis, Burning Rock Biotech stock appears to be overvalued. The current stock price of $9.11 is trading 22.1% above its estimated GF Value™ of $7.46. GuruFocus considers Burning Rock Biotech to be Modestly Overvalued.

Key valuation signals for BNR:

  • Debt-to-Equity: 0.10 (100% above median its 10-year median of 0.05)
  • GF Value™: $7.46 vs. price of $9.11 (22.1% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 67.7% below the Medical Diagnostics & Research median (#47 of 183)

No single metric tells the full story. See the BNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Burning Rock Biotech Business Description

Other Exchanges 6BU0:Germany
Address No. 5, Xingdao Ring Road North, International Bio Island, Guangzhou, CHN, 510005
Burning Rock Biotech Ltd is a cancer diagnostics company. The Group provides pharma research and development services, mainly cancer therapy selection tests services, companion diagnostics development services, and other service agreements with the combination of various customized tests services and analytical validation services, to pharmaceutical companies for developing new drugs for targeted therapies, immunotherapies on various types of cancers, and to hospitals for their studies on cancer diagnosis & treatment. It had three operating segments, including the Central laboratory business, the In-hospital business, & Pharma research & development services. It generates the majority of its revenue from the Central laboratory business. Its products are Pan-HEME, OncoScreen-WES, & others.
61GF Score

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

$9.11
Price
$7.46
GF Value