Geron (MIL:1GERN) Debt-to-Equity: 0.56 (As of Jun. 2026) — 107% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MIL:1GERN Geron Corp MIL:1GERN
20 GF Score
Price €1.30
GF Value €6.00
Valuation Possible Value Trap
! 4 Warning Signs
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What is Geron Debt-to-Equity?

Geron MIL:1GERN 20 Debt-to-Equity is 0.56 as of Jun. 2026, which is 107% above its 10-year median of 0.27. GuruFocus rates MIL:1GERN with a GF Score™ of 20/100 and a GF Value™ of €6.00 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 959 Biotechnology companies, Geron ranks worse than 77.89% on this metric.

Geron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.9 Mil. Geron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €105.1 Mil. Geron's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €189.8 Mil. Geron's debt to equity for the quarter that ended in Jun. 2026 was 0.56.

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

MIL:1GERN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.27   Max: 0.7
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Geron was 0.70. The lowest was 0.00. And the median was 0.27.

MIL:1GERN's Debt-to-Equity is ranked worse than
77.89% of 959 companies
in the Biotechnology industry
Industry Median: 0.15 vs MIL:1GERN: 0.56

Geron  (MIL:1GERN) 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.


Geron Debt-to-Equity Related Terms


Geron Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Geron'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.

Geron Debt-to-Equity Chart

Geron 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 0.44 0.70 0.35 0.43 0.54

Geron 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 0.47 0.49 0.54 0.53 0.56

MIL:1GERN vs PHAT, KURA, ODTX: Debt-to-Equity Comparison

For the Biotechnology subindustry, Geron'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.


Geron Debt-to-Equity vs Biotechnology Industry

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

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


MIL:1GERN
20GF Score
Geron Corp MIL:1GERN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Geron Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Geron'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 0.56 mean?
Geron (MIL:1GERN) has a Debt-to-Equity of 0.56 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Geron and its competitors. This is 107% above median its historical median of 0.27. According to the industry distribution chart, Geron ranks #747 out of 959 companies in the Biotechnology industry, placing it in the top 77.9%.
Is Geron's Debt-to-Equity too high?
Geron's current Debt-to-Equity of 0.56 is 107% above median its 10-year median of 0.27. The Biotechnology industry median Debt-to-Equity is 0.15. Geron's value of 0.56 is 273.3% above this industry median. Based on the distribution chart, Geron ranks #747 out of 959 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Geron has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Geron's Debt-to-Equity compare to PHAT and KURA?
According to the Biotechnology industry distribution chart, Geron ranks #747 out of 959 companies for Debt-to-Equity. This places Geron in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Geron's value of 0.56 is 273.3% above this benchmark. While the company's 10-year median is 0.27 vs. the industry median of 0.15, Geron 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. Geron's current Debt-to-Equity of 0.56 is 273.3% 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 Geron 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. Geron's current Debt-to-Equity is 0.56, which is 107% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geron stock overvalued right now?
Based on GuruFocus' analysis, Geron (MIL:1GERN) is currently considered Possible Value Trap. The stock's GF Value™ is €6.00, compared to a current price of €1.30 — trading 78.4% below its estimated fair value. The current Debt-to-Equity is 0.56, which is 107% above median its 10-year median of 0.27 and 273.3% above the Biotechnology industry median of 0.15. Geron's overall GF Score™ is 20/100 with 4 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 Geron (MIL:1GERN), the current Debt-to-Equity is 0.56 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 Geron (MIL:1GERN) Overvalued in 2026?

Based on GuruFocus' analysis, Geron stock appears to be undervalued. The current stock price of €1.30 is trading 78.4% below its estimated GF Value™ of €6.00. GuruFocus considers Geron to be Possible Value Trap.

Key valuation signals for MIL:1GERN:

  • Debt-to-Equity: 0.56 (107% above median its 10-year median of 0.27)
  • GF Value™: €6.00 vs. price of €1.30 (78.4% below fair value)
  • GF Score™: 20/100 with 4 warning signs
  • Industry Position: 273.3% above the Biotechnology median (#747 of 959)

No single metric tells the full story. See the MIL:1GERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Geron Business Description

Other Exchanges GERN:USA0IV3:UKGON:Germany
Address 919 East Hillsdale Boulevard, Suite 250, Foster City, CA, USA, 94404
Geron Corp is a biopharmaceutical company focused on blood cancers. Its telomerase inhibitor, RYTELO (imetelstat), is approved in the United States and European Union for certain adult patients with lower-risk myelodysplastic syndromes (LR-MDS) with transfusion-dependent anemia. RYTELO inhibits telomerase activity in malignant stem and progenitor cells, which may reduce abnormal cell proliferation while supporting the production of healthy cells. It is also conducting a Phase 3 trial of imetelstat in patients with JAK-inhibitor-refractory or relapsed myelofibrosis (R/R MF) and studies in other hematologic malignancies. The company operates as a single segment, being the development of therapeutic products for oncology.
20GF Score

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

€1.30
Price
€6.00
GF Value