MMIRF (MedMira) Debt-to-Equity: -0.40 (As of Apr. 2026)

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What is MedMira Debt-to-Equity?

MedMira MMIRF +302.48% Debt-to-Equity is -0.40 as of Apr. 2026. The stock has 5 warning signs investors should review. Among 966 Biotechnology companies, MedMira ranks worse than 103519.57% on this metric.

MedMira's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $5.32 Mil. MedMira's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $1.83 Mil. MedMira's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $-17.82 Mil. MedMira's debt to equity for the quarter that ended in Apr. 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 MedMira's Debt-to-Equity or its related term are showing as below:

MMIRF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.82   Med: -0.67   Max: -0.4
Current: -0.4

During the past 13 years, the highest Debt-to-Equity Ratio of MedMira was -0.40. The lowest was -0.82. And the median was -0.67.

MMIRF's Debt-to-Equity is not ranked
in the Biotechnology industry.
Industry Median: 0.16 vs MMIRF: -0.40

MedMira  (OTCPK:MMIRF) 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.


MedMira Debt-to-Equity Related Terms


MedMira Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for MedMira'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.

MedMira Debt-to-Equity Chart

MedMira Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.73 -0.67 -0.62 -0.53 -0.48

MedMira Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.48 -0.41 -0.41 -0.40

MMIRF vs VRTX, REGN, ALNY: Debt-to-Equity Comparison

For the Biotechnology subindustry, MedMira'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.


MedMira Debt-to-Equity vs Biotechnology Industry

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

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



MedMira Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

MedMira's Debt to Equity Ratio for the quarter that ended in Apr. 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?
MedMira (MMIRF) has a Debt-to-Equity of -0.40 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MedMira and its competitors. According to the industry distribution chart, MedMira ranks #999999 out of 966 companies in the Biotechnology industry.
Is MedMira's Debt-to-Equity too high?
MedMira's current Debt-to-Equity is -0.40. Based on the distribution chart, MedMira ranks #999999 out of 966 companies in the Biotechnology industry, which is in the bottom quartile relative to peers.
How does MedMira's Debt-to-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, MedMira ranks #999999 out of 966 companies for Debt-to-Equity. This places MedMira in the lower half of its industry. The industry median Debt-to-Equity is 0.16. 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. 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 MedMira 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. MedMira's current Debt-to-Equity is -0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMira stock overvalued right now?
MedMira (MMIRF) has a current Debt-to-Equity of -0.40. The current Debt-to-Equity is -0.40. 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 MedMira (MMIRF), the current Debt-to-Equity is -0.40 as of Apr. 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.

MedMira Business Description

Other Exchanges MIR:Canada
Address 155 Chain Lake Drive, Suite 1, Halifax, NS, CAN, B3S 1B3
MedMira Inc is a biotechnology company engaged in the research, development, and manufacturing of rapid diagnostics and technologies. The company operates in one reportable operating segment, rapid diagnostic products and services. Its product line includes HIV, COVID-19, syphilis, Multiplex, Miriad RVF Toolkit, and H. pylori. The company generates revenue from North America, Europe, and other regions, with the majority generated from North America.