Cosciens Biopharma (LTS:0UGB) Debt-to-Equity : 0.18 (As of Dec. 2024)

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What is Cosciens Biopharma Debt-to-Equity?

Cosciens Biopharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.39 Mil. Cosciens Biopharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$2.91 Mil. Cosciens Biopharma's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$18.75 Mil. Cosciens Biopharma's debt to equity for the quarter that ended in Dec. 2024 was 0.18.

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

LTS:0UGB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.56
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Cosciens Biopharma was 0.56. The lowest was 0.03. And the median was 0.10.

LTS:0UGB's Debt-to-Equity is ranked worse than
53.1% of 1017 companies
in the Biotechnology industry
Industry Median: 0.14 vs LTS:0UGB: 0.18

Cosciens Biopharma Debt-to-Equity Historical Data

The historical data trend for Cosciens 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.

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Cosciens Biopharma Debt-to-Equity Chart

Cosciens Biopharma Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.12

0.10

0.08

0.18

Cosciens Biopharma Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.08	0.06	0.08	0.18

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

For the Biotechnology subindustry, Cosciens 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.

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

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

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

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Cosciens Biopharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cosciens Biopharma's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.386	+	2.905)	/	18.75
	=	0.18

Cosciens Biopharma's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.386	+	2.905)	/	18.75
	=	0.18

Cosciens Biopharma (LTS:0UGB) 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.

Cosciens Biopharma Debt-to-Equity Related Terms

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Cosciens Biopharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Cosciens Biopharma Inc (LTS:0UGB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CSCI:USA ET8:Germany CSCI:Canada

Address

c/o Norton Rose Fulbright Canada LLP, 222 Bay Street, Suite 3000, P.O. Box 53, Toronto, ON, CAN, M5K 1E7

Website

https://www.zentaris.com

Cosciens Biopharma Inc is a biopharmaceutical company developing and commercializing a diversified portfolio of pharmaceutical and diagnostic products and active ingredients for healthcare and cosmetics industries. The company is engaged in the development of therapeutic assets and proprietary extraction technology. The Company has two reportable and operating segments: Active ingredient and Biopharmaceutical.

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