ICCC (ImmuCell) Debt-to-Equity: 0.40 (As of Jun. 2026) — Near Median

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ICCC ImmuCell Corp ICCC
54 GF Score
Price $10.13
GF Value $6.91
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ImmuCell Debt-to-Equity?

ImmuCell ICCC +4.00% 54 Debt-to-Equity is 0.40 as of Jun. 2026, which is 3% above its 10-year median of 0.39. GuruFocus rates ICCC with a GF Score™ of 54/100 and a GF Value™ of $6.91 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 959 Biotechnology companies, ImmuCell ranks worse than 70.07% on this metric.

ImmuCell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1.63 Mil. ImmuCell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $10.82 Mil. ImmuCell's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $31.38 Mil. ImmuCell's debt to equity for the quarter that ended in Jun. 2026 was 0.40.

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

ICCC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.39   Max: 0.68
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of ImmuCell was 0.68. The lowest was 0.15. And the median was 0.39.

ICCC's Debt-to-Equity is ranked worse than
70.07% of 959 companies
in the Biotechnology industry
Industry Median: 0.15 vs ICCC: 0.40

ImmuCell  (NAS:ICCC) 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.


ImmuCell Debt-to-Equity Related Terms


ImmuCell Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ImmuCell'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.

ImmuCell Debt-to-Equity Chart

ImmuCell Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.41 0.67 0.55 0.49

ImmuCell Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.48 0.46 0.49 0.44 0.40

ICCC vs COYA, ENTX, BDTX: Debt-to-Equity Comparison

For the Biotechnology subindustry, ImmuCell'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.


ImmuCell Debt-to-Equity vs Biotechnology Industry

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

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


ICCC
54GF Score
ImmuCell Corp ICCC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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ImmuCell Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ImmuCell's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

ImmuCell's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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 0.40 mean?
ImmuCell (ICCC) has a Debt-to-Equity of 0.40 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ImmuCell and its competitors. This is near median its historical median of 0.39. Over the past decade, ImmuCell's Debt-to-Equity has ranged from 0.15 to 0.68. According to the industry distribution chart, ImmuCell ranks #672 out of 959 companies in the Biotechnology industry, placing it in the top 70.1%.
Is ImmuCell's Debt-to-Equity too high?
ImmuCell's current Debt-to-Equity of 0.40 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.68. The Biotechnology industry median Debt-to-Equity is 0.15. ImmuCell's value of 0.40 is 166.7% above this industry median. Based on the distribution chart, ImmuCell ranks #672 out of 959 companies in the Biotechnology industry, which is below the industry midpoint. Overall, ImmuCell has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ImmuCell's Debt-to-Equity compare to COYA and ENTX?
According to the Biotechnology industry distribution chart, ImmuCell ranks #672 out of 959 companies for Debt-to-Equity. This places ImmuCell in the lower half of its industry. The industry median Debt-to-Equity is 0.15. ImmuCell's value of 0.40 is 166.7% above this benchmark. Historically, ImmuCell's own Debt-to-Equity has ranged from 0.15 to 0.68 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.15, ImmuCell 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 0.15, based on 959 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. ImmuCell's current Debt-to-Equity of 0.40 is 166.7% 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 ImmuCell and its competitors. For the Biotechnology industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImmuCell's current Debt-to-Equity is 0.40, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImmuCell stock overvalued right now?
Based on GuruFocus' analysis, ImmuCell (ICCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.91, compared to a current price of $10.13 — trading 46.6% above its estimated fair value. The current Debt-to-Equity is 0.40, which is near median its 10-year median of 0.39 and 166.7% above the Biotechnology industry median of 0.15. ImmuCell's overall GF Score™ is 54/100 with 5 warning signs 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 ImmuCell (ICCC), the current Debt-to-Equity is 0.40 as of Jun. 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.

Is ImmuCell (ICCC) Overvalued in 2026?

Based on GuruFocus' analysis, ImmuCell stock appears to be overvalued. The current stock price of $10.13 is trading 46.6% above its estimated GF Value™ of $6.91. GuruFocus considers ImmuCell to be Significantly Overvalued.

Key valuation signals for ICCC:

  • Debt-to-Equity: 0.40 (near median its 10-year median of 0.39)
  • GF Value™: $6.91 vs. price of $10.13 (46.6% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 166.7% above the Biotechnology median (#672 of 959)

No single metric tells the full story. See the ICCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ImmuCell Business Description

Other Exchanges IUL:Germany
Address 56 Evergreen Drive, Portland, ME, USA, 04103
ImmuCell Corp is an animal health biologics company focused on the development, manufacture, and commercialization of products intended to improve the survivability, health, and long-term performance of neonatal dairy and beef calves. Its product, First Defense, utilizes hyperimmunized bovine colostrum to provide pathogen-specific antibodies and other bioactive components. First Defense is designed to provide Immediate Immunity through orally delivered antibodies against the principal viral and bacterial causes of neonatal calf diarrhea (scours), including Escherichia coli (E.coli), bovine coronavirus, and bovine rotavirus. It has two operating segments: Scours and Mastitis. It derives the majority of the revenue from the Scours segment that consists of the First Defense product line.
54GF Score

Get the complete analysis for ICCC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.13
Price
$6.91
GF Value