CTBO (Cantabio Pharmaceuticals) Debt-to-Equity: -0.75 (As of Dec. 2018)

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What is Cantabio Pharmaceuticals Debt-to-Equity?

Cantabio Pharmaceuticals CTBO Debt-to-Equity is -0.75 as of Dec. 2018.

Cantabio Pharmaceuticals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $1.41 Mil. Cantabio Pharmaceuticals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Cantabio Pharmaceuticals's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-1.89 Mil. Cantabio Pharmaceuticals's debt to equity for the quarter that ended in Dec. 2018 was -0.75.

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

CTBO's Debt-to-Equity is not ranked *
in the Biotechnology industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Cantabio Pharmaceuticals  (OTCPK:CTBO) 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.

Cantabio Pharmaceuticals Debt-to-Equity Related Terms

Cantabio Pharmaceuticals Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Cantabio Pharmaceuticals'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.

Cantabio Pharmaceuticals Debt-to-Equity Chart

Cantabio Pharmaceuticals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 -0.43 -0.64

Cantabio Pharmaceuticals Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.55 -0.64 -0.73 -0.68 -0.75

CTBO vs TNTY, ETNI, NTRR: Debt-to-Equity Comparison

For the Biotechnology subindustry, Cantabio Pharmaceuticals'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.

Cantabio Pharmaceuticals Debt-to-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cantabio Pharmaceuticals's Debt-to-Equity distribution charts can be found below:

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


Cantabio Pharmaceuticals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cantabio Pharmaceuticals's Debt to Equity Ratio for the fiscal year that ended in Mar. 2018 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
=(1.205 + 0) / -1.873
=-0.64

Cantabio Pharmaceuticals's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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
=(1.409 + 0) / -1.889
=-0.75

* 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 -0.75 mean?
Cantabio Pharmaceuticals (CTBO) has a Debt-to-Equity of -0.75 as of Dec. 2018. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cantabio Pharmaceuticals and its competitors.
Is Cantabio Pharmaceuticals' Debt-to-Equity too high?
Cantabio Pharmaceuticals' current Debt-to-Equity is -0.75.
How does Cantabio Pharmaceuticals' Debt-to-Equity compare to TNTY and ETNI?
Cantabio Pharmaceuticals' Debt-to-Equity of -0.75 can be compared against companies in the Biotechnology industry. The industry median Debt-to-Equity is 0.16. 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. 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 Cantabio Pharmaceuticals 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. Cantabio Pharmaceuticals's current Debt-to-Equity is -0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cantabio Pharmaceuticals stock overvalued right now?
Cantabio Pharmaceuticals (CTBO) has a current Debt-to-Equity of -0.75. The current Debt-to-Equity is -0.75. 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 Cantabio Pharmaceuticals (CTBO), the current Debt-to-Equity is -0.75 as of Dec. 2018. 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.

Cantabio Pharmaceuticals Business Description

Address 1250 Oakmead Parkway, Sunnyvale, CA, USA, 94085
Cantabio Pharmaceuticals Inc is the United States based preclinical stage biotechnology company. It is focused on commercializing novel therapies and the intellectual property generated from its research and development activities for Parkinson's disease and Alzheimer's disease and other related diseases. In addition, In addition, it is also engaged in the development of therapeutic proteins that can pass through the blood-brain barrier and supplement in vivo levels of proteins which display loss of function during disease conditions.