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Cellectar BiosciencesCLRB -2.71%19 Debt-to-Equity is 0.46 as of Mar. 2026, which is 2200% above its 10-year median of 0.02. GuruFocus rates CLRB with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 967 Biotechnology companies, Cellectar Biosciences ranks worse than 73.22% 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 Cellectar Biosciences's Debt-to-Equity or its related term are showing as below:
CLRB'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.25 Med: 0.02 Max: 0.46
Current: 0.46
During the past 13 years, the highest Debt-to-Equity Ratio of Cellectar Biosciences was 0.46. The lowest was -1.25. And the median was 0.02.
CLRB's Debt-to-Equity is ranked worse than 73.22% of 967
companies
in the Biotechnology industry
Industry Median: 0.16
vs CLRB: 0.46
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.
Cellectar Biosciences Debt-to-Equity Related Terms
Cellectar Biosciences Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cellectar 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.
CLRB vs OTLC, PTN, LPCN: Debt-to-Equity Comparison
For the Biotechnology subindustry, Cellectar 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.
Cellectar Biosciences Debt-to-Equity vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Cellectar Biosciences's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cellectar 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.
Cellectar Biosciences (CLRB) has a Debt-to-Equity of 0.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cellectar Biosciences and its competitors. This is 2200% above median its historical median of 0.02. According to the industry distribution chart, Cellectar Biosciences ranks #708 out of 967 companies in the Biotechnology industry, placing it in the top 73.2%.
Is Cellectar Biosciences' Debt-to-Equity too high?
Cellectar Biosciences' current Debt-to-Equity of 0.46 is 2200% above median its 10-year median of 0.02. The Biotechnology industry median Debt-to-Equity is 0.16. Cellectar Biosciences' value of 0.46 is 187.5% above this industry median. Based on the distribution chart, Cellectar Biosciences ranks #708 out of 967 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Cellectar Biosciences has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Cellectar Biosciences' Debt-to-Equity compare to OTLC and PTN?
According to the Biotechnology industry distribution chart, Cellectar Biosciences ranks #708 out of 967 companies for Debt-to-Equity. This places Cellectar Biosciences in the lower half of its industry. The industry median Debt-to-Equity is 0.16. Cellectar Biosciences' value of 0.46 is 187.5% above this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.16, Cellectar Biosciences has consistently been above 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 967 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. Cellectar Biosciences's current Debt-to-Equity of 0.46 is 187.5% 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-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 Cellectar 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. Cellectar Biosciences's current Debt-to-Equity is 0.46, which is 2200% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cellectar Biosciences stock overvalued right now?
Cellectar Biosciences (CLRB) has a current Debt-to-Equity of 0.46. The current Debt-to-Equity is 0.46, which is 2200% above median its 10-year median of 0.02 and 187.5% above the Biotechnology industry median of 0.16. Cellectar Biosciences' overall GF Score™ is 19/100 with 1 warning sign 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 Cellectar Biosciences (CLRB), the current Debt-to-Equity is 0.46 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.
Cellectar Biosciences Inc is a clinical-stage biopharmaceutical company. It is focused on the discovery, development, and commercialization of drugs for the treatment of cancer. The company's core objective is to leverage a proprietary phospholipid drug conjugate (PDC) delivery platform to develop PDCs that are designed to specifically target cancer cells and deliver improved efficacy and safety as a result of fewer off-target effects. The products under development include Iopofosine, CLR 121125 ,CLR 121225 and others. It has one operating and reportable segment focused on utilizing its PDC platform to develop drugs for the treatment of cancer.
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