PREDQ (Predictive Technology Group) Debt-to-Equity: 0.42 (As of Mar. 2021)

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What is Predictive Technology Group Debt-to-Equity?

Predictive Technology Group PREDQ -90.00% Debt-to-Equity is 0.42 as of Mar. 2021.

Predictive Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $10.12 Mil. Predictive Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $3.33 Mil. Predictive Technology Group's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $32.33 Mil. Predictive Technology Group's debt to equity for the quarter that ended in Mar. 2021 was 0.42.

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 Predictive Technology Group's Debt-to-Equity or its related term are showing as below:

PREDQ's Debt-to-Equity is not ranked *
in the Biotechnology industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

Predictive Technology Group  (OTCPK:PREDQ) 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.


Predictive Technology Group Debt-to-Equity Related Terms


Predictive Technology Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Predictive Technology Group'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.

Predictive Technology Group Debt-to-Equity Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.02 0.14

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.06 0.14 0.25 0.27 0.42

PREDQ vs GLMD, RCAR, CKPT: Debt-to-Equity Comparison

For the Biotechnology subindustry, Predictive Technology Group'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.


Predictive Technology Group Debt-to-Equity vs Biotechnology Industry

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

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



Predictive Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Predictive Technology Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Predictive Technology Group's Debt to Equity Ratio for the quarter that ended in Mar. 2021 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 0.42 mean?
Predictive Technology Group (PREDQ) has a Debt-to-Equity of 0.42 as of Mar. 2021. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Predictive Technology Group and its competitors.
Is Predictive Technology Group's Debt-to-Equity too high?
Predictive Technology Group's current Debt-to-Equity is 0.42. The Biotechnology industry median Debt-to-Equity is 0.16. Predictive Technology Group's value of 0.42 is 162.5% above this industry median.
How does Predictive Technology Group's Debt-to-Equity compare to GLMD and RCAR?
Predictive Technology Group's Debt-to-Equity of 0.42 can be compared against companies in the Biotechnology industry. The industry median Debt-to-Equity is 0.16. Predictive Technology Group's value of 0.42 is 162.5% above this benchmark. 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. Predictive Technology Group's current Debt-to-Equity of 0.42 is 162.5% 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 Predictive Technology Group 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. Predictive Technology Group's current Debt-to-Equity is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Predictive Technology Group stock overvalued right now?
Predictive Technology Group (PREDQ) has a current Debt-to-Equity of 0.42. The current Debt-to-Equity is 0.42 and 162.5% above the Biotechnology industry median of 0.16. 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 Predictive Technology Group (PREDQ), the current Debt-to-Equity is 0.42 as of Mar. 2021. 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.

Predictive Technology Group Business Description

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.