SNANF (Sona Nanotech) Debt-to-Equity: -0.46 (As of Apr. 2026)

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SNANF Sona Nanotech Inc SNANF
26 GF Score
Price $0.20
! 1 Warning Sign
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What is Sona Nanotech Debt-to-Equity?

Sona Nanotech SNANF -22.65% 26 Debt-to-Equity is -0.46 as of Apr. 2026. GuruFocus rates SNANF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 965 Biotechnology companies, Sona Nanotech ranks worse than 103626.84% on this metric.

Sona Nanotech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.00 Mil. Sona Nanotech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.24 Mil. Sona Nanotech's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $-0.52 Mil. Sona Nanotech's debt to equity for the quarter that ended in Apr. 2026 was -0.46.

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

SNANF' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.9   Med: -0.46   Max: 5.49
Current: -0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Sona Nanotech was 5.49. The lowest was -7.90. And the median was -0.46.

SNANF's Debt-to-Equity is not ranked
in the Biotechnology industry.
Industry Median: 0.15 vs SNANF: -0.46

Sona Nanotech  (OTCPK:SNANF) 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.


Sona Nanotech Debt-to-Equity Related Terms


Sona Nanotech Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sona Nanotech'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.

Sona Nanotech Debt-to-Equity Chart

Sona Nanotech Annual Data
Trend Oct15 Oct16 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.09 -1.20 0.46 0.16 -7.86

Sona Nanotech 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 0.42 1.30 -7.86 -1.96 -0.46

SNANF vs VRTX, REGN, RVMD: Debt-to-Equity Comparison

For the Biotechnology subindustry, Sona Nanotech'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.


Sona Nanotech Debt-to-Equity vs Biotechnology Industry

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

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


SNANF
26GF Score
Sona Nanotech Inc SNANF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Sona Nanotech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sona Nanotech's Debt to Equity Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Sona Nanotech'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 -0.46 mean?
Sona Nanotech (SNANF) has a Debt-to-Equity of -0.46 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sona Nanotech and its competitors. According to the industry distribution chart, Sona Nanotech ranks #999999 out of 965 companies in the Biotechnology industry.
Is Sona Nanotech's Debt-to-Equity too high?
Sona Nanotech's current Debt-to-Equity is -0.46. Based on the distribution chart, Sona Nanotech ranks #999999 out of 965 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Sona Nanotech has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Sona Nanotech's Debt-to-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Sona Nanotech ranks #999999 out of 965 companies for Debt-to-Equity. This places Sona Nanotech in the lower half of its industry. The industry median Debt-to-Equity is 0.15. 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 965 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 Sona Nanotech 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. Sona Nanotech's current Debt-to-Equity is -0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sona Nanotech stock overvalued right now?
Sona Nanotech (SNANF) has a current Debt-to-Equity of -0.46. The current Debt-to-Equity is -0.46. Sona Nanotech's overall GF Score™ is 26/100 with 1 warning sign 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 Sona Nanotech (SNANF), the current Debt-to-Equity is -0.46 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.

Sona Nanotech Business Description

Other Exchanges SONA:Canada
Address 1969 Upper Water Street, Suite 2001, Purdy’s Wharf Tower II, Halifax, NS, CAN, B3J 3R7
Sona Nanotech Inc is involved in the nanotechnology life sciences industry. It has developed two proprietary methods for the manufacture of rod-shaped gold nanoparticles and is engaged in the research and development of its proprietary technology for use in biomedical applications and multiplex diagnostic testing platforms. The company is using its gold nano rods manufacturing technology to develop new products and methods for cancer treatment, including a Targeted Hyperthermia Therapy (THT). Additionally, it has filed patent applications in the U.S. regarding a gold nanorod conjugation concept for targeted drug delivery, combination therapies for treating cancer, and for an endoscope with an optical fibre and thermal sensor for photothermal therapy.
26GF Score

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