ANNX (Annexon) Equity-to-Asset: 0.78 (As of Mar. 2026) — Near Median

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ANNX Annexon Inc ANNX
34 GF Score
Price $5.33
! 2 Warning Signs
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What is Annexon Equity-to-Asset?

Annexon ANNX +1.52% 34 Equity-to-Asset is 0.78 as of Mar. 2026, which is 4% below its 10-year median of 0.81. GuruFocus rates ANNX with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,416 Biotechnology companies, Annexon ranks better than 62.36% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Annexon's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $204.53 Mil. Annexon's Total Assets for the quarter that ended in Mar. 2026 was $262.89 Mil.

The historical rank and industry rank for Annexon's Equity-to-Asset or its related term are showing as below:

ANNX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.81   Max: 0.97
Current: 0.78

During the past 8 years, the highest Equity to Asset Ratio of Annexon was 0.97. The lowest was 0.71. And the median was 0.81.

ANNX's Equity-to-Asset is ranked better than
62.36% of 1416 companies
in the Biotechnology industry
Industry Median: 0.68 vs ANNX: 0.78

Annexon  (NAS:ANNX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Annexon Equity-to-Asset Related Terms


Annexon Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Annexon's Equity-to-Asset 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.

Annexon Equity-to-Asset Chart

Annexon Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.81 0.81 0.84 0.84 0.76

Annexon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.81 0.75 0.71 0.76 0.78

ANNX vs ABUS, TBPH, SANA: Equity-to-Asset Comparison

For the Biotechnology subindustry, Annexon's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Annexon Equity-to-Asset vs Biotechnology Industry

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

* The bar in red indicates where Annexon's Equity-to-Asset falls into.


ANNX
34GF Score
Annexon Inc ANNX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Annexon Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Annexon's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=211.648/277.571
=

Annexon's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=204.533/262.888
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.78 mean?
Annexon (ANNX) has a Equity-to-Asset of 0.78 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Annexon and its competitors. This is near median its historical median of 0.81. Over the past decade, Annexon's Equity-to-Asset has ranged from 0.71 to 0.97. According to the industry distribution chart, Annexon ranks #533 out of 1416 companies in the Biotechnology industry, placing it in the top 37.6%.
Is Annexon's Equity-to-Asset too high?
Annexon's current Equity-to-Asset of 0.78 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 0.97. The Biotechnology industry median Equity-to-Asset is 0.68. Annexon's value of 0.78 is 14.7% above this industry median. Based on the distribution chart, Annexon ranks #533 out of 1416 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Annexon has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Annexon's Equity-to-Asset compare to ABUS and TBPH?
According to the Biotechnology industry distribution chart, Annexon ranks #533 out of 1416 companies for Equity-to-Asset. This puts Annexon in the upper half of its industry. The industry median Equity-to-Asset is 0.68. Annexon's value of 0.78 is 14.7% above this benchmark. Historically, Annexon's own Equity-to-Asset has ranged from 0.71 to 0.97 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.68, Annexon has consistently been above 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 Equity-to-Asset for a Biotechnology company?
The median Equity-to-Asset among Biotechnology companies is 0.68, based on 1,416 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Annexon's current Equity-to-Asset of 0.78 is 14.7% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Annexon and its competitors. For the Biotechnology industry, the median Equity-to-Asset is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Annexon's current Equity-to-Asset is 0.78, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Annexon stock overvalued right now?
Annexon (ANNX) has a current Equity-to-Asset of 0.78. The current Equity-to-Asset is 0.78, which is near median its 10-year median of 0.81 and 14.7% above the Biotechnology industry median of 0.68. Annexon's overall GF Score™ is 34/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Annexon (ANNX), the current Equity-to-Asset is 0.78 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.

Annexon Business Description

Address 1400 Sierra Point Parkway, Suite 200, Building C, Brisbane, CA, USA, 94005
Annexon Inc is a clinical-stage biopharmaceutical company developing a pipeline of novel therapies for patients with classical complement-mediated disorders of the body, brain, and eye. Its pipeline is based on its platform technology addressing well-researched classical complement-mediated autoimmune and neurodegenerative disease processes, both of which are triggered by aberrant activation of C1q. Its pipeline of product candidates is designed to block the activity of C1q and the entire classical complement pathway in a broad set of complement-mediated diseases. Its product candidates are ANX005, for autoimmune & neurodegenerative disorders; ANX007, for neurodegenerative ophthalmic disorders; ANX1502, for Oral small molecule; and ANX009, for systemic autoimmune diseases.
34GF Score

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