IMA (ImageneBio) Debt-to-Equity: 0.02 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IMA ImageneBio Inc IMA
10 GF Score
Price $5.60
! 3 Warning Signs
View Full Analysis

What is ImageneBio Debt-to-Equity?

ImageneBio IMA +0.90% 10 Debt-to-Equity is 0.02 as of Mar. 2026, which is at its 10-year median of 0.02. GuruFocus rates IMA with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 966 Biotechnology companies, ImageneBio ranks better than 88.2% on this metric.

ImageneBio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.31 Mil. ImageneBio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.11 Mil. ImageneBio's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $123.33 Mil. ImageneBio's debt to equity for the quarter that ended in Mar. 2026 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 ImageneBio's Debt-to-Equity or its related term are showing as below:

IMA' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05   Med: 0.02   Max: 0.03
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of ImageneBio was 0.03. The lowest was -0.05. And the median was 0.02.

IMA's Debt-to-Equity is ranked better than
88.2% of 966 companies
in the Biotechnology industry
Industry Median: 0.16 vs IMA: 0.02

ImageneBio  (NAS:IMA) 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.


ImageneBio Debt-to-Equity Related Terms


ImageneBio Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ImageneBio'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.

ImageneBio Debt-to-Equity Chart

ImageneBio Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
-0.01 -0.05 0.02

ImageneBio Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial -0.05 N/A 0.03 0.02 0.02

IMA vs HYFT, CING, CRDF: Debt-to-Equity Comparison

For the Biotechnology subindustry, ImageneBio'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.


ImageneBio Debt-to-Equity vs Biotechnology Industry

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

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


IMA
10GF Score
ImageneBio Inc IMA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ImageneBio Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ImageneBio's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.02 mean?
ImageneBio (IMA) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ImageneBio and its competitors. This is near median its historical median of 0.02. According to the industry distribution chart, ImageneBio ranks #114 out of 966 companies in the Biotechnology industry, placing it in the top 11.8%.
Is ImageneBio's Debt-to-Equity too high?
ImageneBio's current Debt-to-Equity of 0.02 is near median its 10-year median of 0.02. The Biotechnology industry median Debt-to-Equity is 0.16. ImageneBio's value of 0.02 is 87.5% below this industry median. Based on the distribution chart, ImageneBio ranks #114 out of 966 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, ImageneBio has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does ImageneBio's Debt-to-Equity compare to HYFT and CING?
According to the Biotechnology industry distribution chart, ImageneBio ranks #114 out of 966 companies for Debt-to-Equity. This places ImageneBio in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.16. ImageneBio's value of 0.02 is 87.5% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.16, ImageneBio has consistently been below 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 0.16, 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. ImageneBio's current Debt-to-Equity of 0.02 is 87.5% below 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 ImageneBio 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. ImageneBio's current Debt-to-Equity is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImageneBio stock overvalued right now?
ImageneBio (IMA) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02, which is near median its 10-year median of 0.02 and 87.5% below the Biotechnology industry median of 0.16. ImageneBio's overall GF Score™ is 10/100 with 3 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 ImageneBio (IMA), the current Debt-to-Equity is 0.02 as of Mar. 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.

ImageneBio Business Description

Address 12526 High Bluff Drive, Suite 345, San Diego, CA, USA, 92130
ImageneBio Inc is a clinical-stage biopharmaceutical company developing therapeutics for patients with immunological, autoimmune and inflammatory diseases. The company's flagship asset, IMG-007, is a non-depleting anti-OX40 monoclonal antibody that binds specifically to OX40 receptor on activated T cells to block receptor binding to OX40 ligand (OX40L). IMG-007 is being developed to potentially treat multiple autoimmune and inflammatory diseases and disorders. The company operates in a single segment.
10GF Score

Get the complete analysis for IMA

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

$5.60
Price