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Vistagen TherapeuticsVTGN -1.59%16 Debt-to-Equity is 0.03 as of Mar. 2026, which is at its 10-year median of 0.03. GuruFocus rates VTGN with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 967 Biotechnology companies, Vistagen Therapeutics ranks better than 80.87% on this metric.
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 Vistagen Therapeutics's Debt-to-Equity or its related term are showing as below:
VTGN'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.71 Med: 0.03 Max: 0.22
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Vistagen Therapeutics was 0.22. The lowest was -0.71. And the median was 0.03.
VTGN's Debt-to-Equity is ranked better than 80.87% of 967
companies
in the Biotechnology industry
Industry Median: 0.16
vs VTGN: 0.03
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.
Vistagen Therapeutics Debt-to-Equity Related Terms
Vistagen Therapeutics Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Vistagen Therapeutics'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.
VTGN vs ASBP, CRIS, TOVX: Debt-to-Equity Comparison
For the Biotechnology subindustry, Vistagen Therapeutics'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.
Vistagen Therapeutics Debt-to-Equity vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Vistagen Therapeutics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Vistagen Therapeutics's Debt-to-Equity falls into.
* 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.
Vistagen Therapeutics (VTGN) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vistagen Therapeutics and its competitors. This is near median its historical median of 0.03. According to the industry distribution chart, Vistagen Therapeutics ranks #185 out of 967 companies in the Biotechnology industry, placing it in the top 19.1%.
Is Vistagen Therapeutics' Debt-to-Equity too high?
Vistagen Therapeutics' current Debt-to-Equity of 0.03 is near median its 10-year median of 0.03. The Biotechnology industry median Debt-to-Equity is 0.16. Vistagen Therapeutics' value of 0.03 is 81.3% below this industry median. Based on the distribution chart, Vistagen Therapeutics ranks #185 out of 967 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Vistagen Therapeutics has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vistagen Therapeutics' Debt-to-Equity compare to ASBP and CRIS?
According to the Biotechnology industry distribution chart, Vistagen Therapeutics ranks #185 out of 967 companies for Debt-to-Equity. This places Vistagen Therapeutics in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.16. Vistagen Therapeutics' value of 0.03 is 81.3% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.16, Vistagen Therapeutics has consistently been below the industry average. 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 967 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. Vistagen Therapeutics's current Debt-to-Equity of 0.03 is 81.3% below 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 Vistagen Therapeutics 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. Vistagen Therapeutics's current Debt-to-Equity is 0.03, which is near median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vistagen Therapeutics stock overvalued right now?
Vistagen Therapeutics (VTGN) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is near median its 10-year median of 0.03 and 81.3% below the Biotechnology industry median of 0.16. Vistagen Therapeutics' overall GF Score™ is 16/100 with 3 warning signs 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 Vistagen Therapeutics (VTGN), the current Debt-to-Equity is 0.03 as of Mar. 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.
Vistagen Therapeutics Inc is a late clinical-stage therapeutics company focused on developing and commercializing medicines for patients with social anxiety disorder, depression, menopausal hot flashes, psychomotor impairment due to mental fatigue, and cancer cachexia. The company is engaged in developing intranasal product candidates called pherines, which leverage the understanding of nose-to-brain neurocircuitry. Vistagen's pherine pipeline consists of various product candidates like: Fasedienol, Itruvone, PH15, Refisolone, and PH284, which are being developed to provide treatment for a variety of disorders. Additionally, it is seeking potential partners for the further clinical development and commercialization of an oral drug candidate, AV-101, to treat certain neurological disorders.
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