GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Matinas BioPharma Holdings Inc (STU:6LJ) » Definitions » Debt-to-Equity

Matinas BioPharma Holdings (STU:6LJ) Debt-to-Equity : 0.23 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Matinas BioPharma Holdings Debt-to-Equity?

Matinas BioPharma Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.63 Mil. Matinas BioPharma Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2.50 Mil. Matinas BioPharma Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €13.39 Mil. Matinas BioPharma Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

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 Matinas BioPharma Holdings's Debt-to-Equity or its related term are showing as below:

STU:6LJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.23
Current: 0.23

During the past 11 years, the highest Debt-to-Equity Ratio of Matinas BioPharma Holdings was 0.23. The lowest was 0.00. And the median was 0.05.

STU:6LJ's Debt-to-Equity is ranked worse than
58.96% of 1060 companies
in the Biotechnology industry
Industry Median: 0.14 vs STU:6LJ: 0.23

Matinas BioPharma Holdings Debt-to-Equity Historical Data

The historical data trend for Matinas BioPharma Holdings'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.

* Premium members only.

Matinas BioPharma Holdings Debt-to-Equity Chart

Matinas BioPharma Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.06 0.09 0.11 0.19

Matinas BioPharma Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.12 0.14 0.16 0.19 0.23

Competitive Comparison of Matinas BioPharma Holdings's Debt-to-Equity

For the Biotechnology subindustry, Matinas BioPharma Holdings'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.


Matinas BioPharma Holdings's Debt-to-Equity Distribution in the Biotechnology Industry

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

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



Matinas BioPharma Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Matinas BioPharma Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Matinas BioPharma Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Matinas BioPharma Holdings  (STU:6LJ) 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.


Matinas BioPharma Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Matinas BioPharma Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Matinas BioPharma Holdings (STU:6LJ) Business Description

Traded in Other Exchanges
Address
1545 Route 206 South, Suite 302, Bedminster, NJ, USA, 07921
Matinas BioPharma Holdings Inc is a clinical-stage biopharmaceutical company focused on the discovery and development of product candidates derived from its lipid-crystal nano-particle, or cochleate, delivery technology platform. The firm's pipeline includes MAT2203, MAT2501 and others.

Matinas BioPharma Holdings (STU:6LJ) Headlines

No Headlines