IOVA (Iovance Biotherapeutics) Debt-to-Equity: 0.07 (As of Mar. 2026) — 13% Below Median

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IOVA Iovance Biotherapeutics Inc IOVA
45 GF Score
Price $5.18
GF Value $19.12
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Iovance Biotherapeutics Debt-to-Equity?

Iovance Biotherapeutics IOVA -5.66% 45 Debt-to-Equity is 0.07 as of Mar. 2026, which is 13% below its 10-year median of 0.08. GuruFocus rates IOVA with a GF Score™ of 45/100 and a GF Value™ of $19.12 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 966 Biotechnology companies, Iovance Biotherapeutics ranks better than 65.63% on this metric.

Iovance Biotherapeutics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3.9 Mil. Iovance Biotherapeutics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $43.9 Mil. Iovance Biotherapeutics's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $721.8 Mil. Iovance Biotherapeutics's debt to equity for the quarter that ended in Mar. 2026 was 0.07.

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

IOVA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.2
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Iovance Biotherapeutics was 0.20. The lowest was 0.01. And the median was 0.08.

IOVA's Debt-to-Equity is ranked better than
65.63% of 966 companies
in the Biotechnology industry
Industry Median: 0.16 vs IOVA: 0.07

Iovance Biotherapeutics  (NAS:IOVA) 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.


Iovance Biotherapeutics Debt-to-Equity Related Terms


Iovance Biotherapeutics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Iovance Biotherapeutics'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.

Iovance Biotherapeutics Debt-to-Equity Chart

Iovance Biotherapeutics 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 0.12 0.17 0.13 0.08 0.07

Iovance Biotherapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.07 0.08 0.08 0.07 0.07

IOVA vs SNDX, GLUE, TYRA: Debt-to-Equity Comparison

For the Biotechnology subindustry, Iovance Biotherapeutics'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.


Iovance Biotherapeutics Debt-to-Equity vs Biotechnology Industry

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

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


IOVA
45GF Score
Iovance Biotherapeutics Inc IOVA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Iovance Biotherapeutics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Iovance Biotherapeutics'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 0.07 mean?
Iovance Biotherapeutics (IOVA) has a Debt-to-Equity of 0.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Iovance Biotherapeutics and its competitors. This is 13% below median its historical median of 0.08. Over the past decade, Iovance Biotherapeutics' Debt-to-Equity has ranged from 0.01 to 0.20. According to the industry distribution chart, Iovance Biotherapeutics ranks #332 out of 966 companies in the Biotechnology industry, placing it in the top 34.4%.
Is Iovance Biotherapeutics' Debt-to-Equity too high?
Iovance Biotherapeutics' current Debt-to-Equity of 0.07 is 13% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.20. The Biotechnology industry median Debt-to-Equity is 0.16. Iovance Biotherapeutics' value of 0.07 is 56.3% below this industry median. Based on the distribution chart, Iovance Biotherapeutics ranks #332 out of 966 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Iovance Biotherapeutics has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iovance Biotherapeutics' Debt-to-Equity compare to SNDX and GLUE?
According to the Biotechnology industry distribution chart, Iovance Biotherapeutics ranks #332 out of 966 companies for Debt-to-Equity. This puts Iovance Biotherapeutics in the upper half of its industry. The industry median Debt-to-Equity is 0.16. Iovance Biotherapeutics' value of 0.07 is 56.3% below this benchmark. Historically, Iovance Biotherapeutics' own Debt-to-Equity has ranged from 0.01 to 0.20 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.16, Iovance Biotherapeutics 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. Iovance Biotherapeutics's current Debt-to-Equity of 0.07 is 56.3% 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 Iovance Biotherapeutics 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. Iovance Biotherapeutics's current Debt-to-Equity is 0.07, which is 13% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iovance Biotherapeutics stock overvalued right now?
Based on GuruFocus' analysis, Iovance Biotherapeutics (IOVA) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.12, compared to a current price of $5.18 — trading 72.9% below its estimated fair value. The current Debt-to-Equity is 0.07, which is 13% below median its 10-year median of 0.08 and 56.3% below the Biotechnology industry median of 0.16. Iovance Biotherapeutics' overall GF Score™ is 45/100 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 Iovance Biotherapeutics (IOVA), the current Debt-to-Equity is 0.07 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.

Is Iovance Biotherapeutics (IOVA) Overvalued in 2026?

Based on GuruFocus' analysis, Iovance Biotherapeutics stock appears to be undervalued. The current stock price of $5.18 is trading 72.9% below its estimated GF Value™ of $19.12. GuruFocus considers Iovance Biotherapeutics to be Significantly Undervalued.

Key valuation signals for IOVA:

  • Debt-to-Equity: 0.07 (13% below median its 10-year median of 0.08)
  • GF Value™: $19.12 vs. price of $5.18 (72.9% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 56.3% below the Biotechnology median (#332 of 966)

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


Iovance Biotherapeutics Business Description

Address 825 Industrial Road, Suite 100, San Carlos, CA, USA, 94070
Iovance Biotherapeutics Inc is a clinical-stage biopharmaceutical company, pioneering a transformational approach to treating cancer by harnessing the human immune system's ability to recognize and destroy diverse cancer cells using therapies personalized for each patient. The company is preparing for potential U.S. regulatory approvals and commercialization of the first autologous T-cell therapy to address a solid tumor cancer. It operates in one segment, focusing on innovating, developing, and commercializing therapies using its autologous TIL cell therapies for patients with solid tumor cancers. Geographically, the company operates in United States and Rest of the World.
45GF Score

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

$5.18
Price
$19.12
GF Value