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Argent Biopharma (STU:H5O0) Debt-to-Equity : -0.20 (As of Jun. 2024)


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What is Argent Biopharma Debt-to-Equity?

Argent Biopharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.14 Mil. Argent Biopharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.51 Mil. Argent Biopharma's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €-3.18 Mil. Argent Biopharma's debt to equity for the quarter that ended in Jun. 2024 was -0.20.

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

STU:H5O0' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.2   Med: 0.09   Max: 0.75
Current: -0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Argent Biopharma was 0.75. The lowest was -0.20. And the median was 0.09.

STU:H5O0's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.27 vs STU:H5O0: -0.20

Argent Biopharma Debt-to-Equity Historical Data

The historical data trend for Argent Biopharma'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.

Argent Biopharma Debt-to-Equity Chart

Argent Biopharma Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.44 0.75 -0.08 -0.20

Argent Biopharma Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.75 -1.10 -0.08 0.35 -0.20

Competitive Comparison of Argent Biopharma's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Argent Biopharma'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.


Argent Biopharma's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Argent Biopharma's Debt-to-Equity distribution charts can be found below:

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



Argent Biopharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Argent Biopharma's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Argent Biopharma's Debt to Equity Ratio for the quarter that ended in Jun. 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.


Argent Biopharma  (STU:H5O0) 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.


Argent Biopharma Debt-to-Equity Related Terms

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


Argent Biopharma Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
Argent Biopharma Ltd is a drug discovery company that addresses unmet medical needs. The company focuses on multidisciplinary methods with nanotechnology, developing multi-target therapies for comprehensive disease management, especially in the central nervous system and immunology treatments. The products of the company include CannEpil for refractory epilepsy and cerebral palsy, CimetrA for acute lung injury, and ARDS, and CogniCann for enhancing the quality of life in dementia and Alzheimer's patients, with additional treatments in development, and others.

Argent Biopharma Headlines

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