Sutro Biopharma (FRA:S09) Debt-to-Equity : 0.17 (As of Jun. 2024)

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What is Sutro Biopharma Debt-to-Equity?

Sutro Biopharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €6.4 Mil. Sutro Biopharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €18.2 Mil. Sutro Biopharma's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €141.4 Mil. Sutro Biopharma's debt to equity for the quarter that ended in Jun. 2024 was 0.17.

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

FRA:S09' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.13 Med: 0.15 Max: 0.34
Current: 0.17

During the past 8 years, the highest Debt-to-Equity Ratio of Sutro Biopharma was 0.34. The lowest was -0.13. And the median was 0.15.

FRA:S09's Debt-to-Equity is ranked worse than
53.07% of 1044 companies
in the Biotechnology industry
Industry Median: 0.14 vs FRA:S09: 0.17

Sutro Biopharma Debt-to-Equity Historical Data

The historical data trend for Sutro Biopharma'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.

* Premium members only.

Sutro Biopharma Debt-to-Equity Chart

Sutro Biopharma Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.07

0.23

Sutro Biopharma Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.34	0.23	0.29	0.17

Competitive Comparison of Sutro Biopharma's Debt-to-Equity

For the Biotechnology subindustry, Sutro Biopharma'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.

Sutro Biopharma's Debt-to-Equity Distribution in the Biotechnology Industry

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

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

Sutro Biopharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sutro Biopharma'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
	=	(9.611	+	21.232)	/	137.228
	=	0.22

Sutro Biopharma's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(6.441	+	18.202)	/	141.372
	=	0.17

Sutro Biopharma (FRA:S09) 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.

Sutro Biopharma Debt-to-Equity Related Terms

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Sutro Biopharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sutro Biopharma Inc (FRA:S09) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

STRO:USA S09:Germany

Address

111 Oyster Point Boulevard, South San Francisco, CA, USA, 94080

Website

https://www.sutrobio.com

Sutro Biopharma Inc is clinical-stage drug discovery, development, and manufacturing company. It is mainly engaged in the development of biopharmaceutical products. The company manufactures next-generation protein therapeutics for cancer and autoimmune disorders through its proprietary integrated cell-free protein synthesis platform, XpressCF. Products offered by the company include STRO-001 for patients with multiple myeloma and non-Hodgkin lymphoma and STRO-002 for the treatment of ovarian and endometrial cancers.

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