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Clearside Biomedical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.37 Mil. Clearside Biomedical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.41 Mil. Clearside Biomedical's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-34.79 Mil. Clearside Biomedical's debt to equity for the quarter that ended in Sep. 2024 was -0.02.
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 Clearside Biomedical's Debt-to-Equity or its related term are showing as below:
During the past 11 years, the highest Debt-to-Equity Ratio of Clearside Biomedical was 1.19. The lowest was -1.37. And the median was 0.12.
The historical data trend for Clearside Biomedical'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.
Clearside Biomedical Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.57 | 0.23 | 0.02 | 0.12 | -0.06 |
Clearside Biomedical 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 | -0.09 | -0.06 | -0.04 | -0.03 | -0.02 |
For the Biotechnology subindustry, Clearside Biomedical'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, Clearside Biomedical's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Clearside Biomedical's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Clearside Biomedical'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 | |
= | (0.364 | + | 0.649) | / | -15.912 | |
= | -0.06 |
Clearside Biomedical'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 | |
= | (0.373 | + | 0.412) | / | -34.789 | |
= | -0.02 |
* 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.
Clearside Biomedical (NAS:CLSD) 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 Clearside Biomedical's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Benjamin R Yerxa | director | INSPIRE PHARMACEUTICALS, INC.,, 4222 EMPEROR BLVD., STE. 470, DURHAM NC 27703-8466 |
Bradford T Whitmore | 10 percent owner | 5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077 |
Charles A. Deignan | officer: Chief Financial Officer | C/O CLEARSIDE BIOMEDICAL, INC., 1220 OLD ALPHARETTA ROAD, SUITE 300, ALPHARETTA GA 30005 |
George M Lasezkay | director | 1301 SECOND AVE., SUITE 4200, SEATTLE WA 98101 |
Nancy J Hutson | director | 64 MONTAUK AVENUE, STONINGTON CT 06378 |
Clay Thorp | director, 10 percent owner | C/O HATTERAS VENTURE PARTNERS III, LP, 280 S. MANGUM ST., SUITE 350, DURHAM NC 27701 |
Thomas Ciulla | officer: Chief Medical Officer | C/O CLEARSIDE BIOMEDICAL, INC., 900 NORTH POINT PARKWAY, SUITE 200, ALPHARETTA GA 30005 |
William D. Humphries | director | C/O STRATA SKIN SCIENCES, INC., 5 WALNUT GROVE DRIVE SUITE 140, HORSHAM PA 19044 |
Jeffrey L Edwards | director | 2525 DUPONT DR, IRVINE CA 92612 |
Daniel H. White | director, officer: President and CEO | C/O CLEARSIDE BIOMEDICAL, INC., 1220 OLD ALPHARETTA ROAD, SUITE 300, ALPHARETTA GA 30005 |
Gerald D. Cagle | director | 135 U.S. HIGHWAY 206, SUITE 15, BEDMINSTER NJ 07921 |
Brion S. Raymond | officer: Chief Commercial Officer | C/O CLEARSIDE BIOMEDICAL, INC., 1220 OLD ALPHARETTA ROAD, SUITE 300, ALPHARETTA GA 30005 |
Christy L Shaffer | director | INSPIRE PHARMACEUTICALS, INC.,, 4222 EMPEROR BLVD., STE. 470, DURHAM NC 27703-8466 |
Hatteras Venture Advisors Iv Sbic, Llc | 10 percent owner | 280 S. MANGUM STREET, SUITE 350, DURHAM NC 27701 |
Hatteras Venture Advisors Iii, Llc | 10 percent owner | 280 S. MANGUM STREET, SUITE 350, DURHAM NC 27701 |
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