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Gilead Sciences's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,812 Mil. Gilead Sciences's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $21,437 Mil. Gilead Sciences's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $18,474 Mil. Gilead Sciences's debt to equity for the quarter that ended in Sep. 2024 was 1.26.
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 Gilead Sciences's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Gilead Sciences was 1.73. The lowest was 0.72. And the median was 1.27.
The historical data trend for Gilead Sciences'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.
Gilead Sciences Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 1.09 | 1.73 | 1.27 | 1.19 | 1.09 |
Gilead Sciences 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 | 1.12 | 1.09 | 1.44 | 1.28 | 1.26 |
For the Drug Manufacturers - General subindustry, Gilead Sciences'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 Drug Manufacturers industry and Healthcare sector, Gilead Sciences's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Gilead Sciences's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Gilead Sciences'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 | |
= | (1798 | + | 23189) | / | 22833 | |
= | 1.09 |
Gilead Sciences'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 | |
= | (1812 | + | 21437) | / | 18474 | |
= | 1.26 |
* 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.
Gilead Sciences (NAS:GILD) 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 Gilead Sciences's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Andrew D Dickinson | officer: EVP, Chief Financial Officer | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Merdad Parsey | officer: Chief Medical Officer | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Jeffrey Bluestone | director | C/O PROVENTION BIO, INC., P.O. BOX 666, OLDWICK NJ 08858 |
Johanna Mercier | officer: Chief Commercial Officer | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Sandra Patterson | officer: SVP, Controllership | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Diane E. Wilfong | officer: SVP, Controller & CAO | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Deborah H Telman | officer: EVP, Corporate Affairs & GC | 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033 |
Brett A Pletcher | officer: EVP, Gen Counsel & Corp Sec | 333 LAKESIDE DRIVE, FOSTER CITY X1 94404 |
Anthony Welters | director | |
Javier Rodriguez | director | 601 HAWAII ST., EL SEGUNDO CA 90245 |
John Francis Cogan | director | 2010 NORTH FIRST STREET, SUITE 310, SAN JOSE CA 95131 |
Gayle E Wilson | director | C/O GILEAD SCIENCES, INC., 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Olsen Per Wold | director | C/O GILEAD SCIENCES, 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Sandra Horning | director | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Richard James Whitley | director | UAB, CHB 303, 1600 7TH AVENUE SOUTH, BIRMINGHAM AL 35233-1711 |
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