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Sutro Biopharma (FRA:S09) Equity-to-Asset : 0.24 (As of Mar. 2024)


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What is Sutro Biopharma Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sutro Biopharma's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €90.2 Mil. Sutro Biopharma's Total Assets for the quarter that ended in Mar. 2024 was €371.1 Mil. Therefore, Sutro Biopharma's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.24.

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

FRA:S09' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.92   Med: 0.58   Max: 0.86
Current: 0.24

During the past 8 years, the highest Equity to Asset Ratio of Sutro Biopharma was 0.86. The lowest was -2.92. And the median was 0.58.

FRA:S09's Equity-to-Asset is ranked worse than
78.41% of 1556 companies
in the Biotechnology industry
Industry Median: 0.67 vs FRA:S09: 0.24

Sutro Biopharma Equity-to-Asset Historical Data

The historical data trend for Sutro Biopharma'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.

* Premium members only.

Sutro Biopharma Equity-to-Asset Chart

Sutro Biopharma Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.63 0.84 0.74 0.53 0.32

Sutro Biopharma Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.52 0.33 0.26 0.32 0.24

Competitive Comparison of Sutro Biopharma's Equity-to-Asset

For the Biotechnology subindustry, Sutro Biopharma'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.


Sutro Biopharma's Equity-to-Asset Distribution in the Biotechnology Industry

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

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



Sutro Biopharma 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.

Sutro Biopharma's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=137.228/431.665
=0.32

Sutro Biopharma's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=90.182/371.13
=0.24

* 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.


Sutro Biopharma  (FRA:S09) 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%.


Sutro Biopharma Equity-to-Asset Related Terms

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Sutro Biopharma (FRA:S09) Business Description

Traded in Other Exchanges
Address
111 Oyster Point Boulevard, South San Francisco, CA, USA, 94080
Sutro Biopharma Inc is clinical-stage drug discovery, development, and manufacturing company. It is mainly engaged in the development of biopharmaceutical products. The company manufactures next-generation protein therapeutics for cancer and autoimmune disorders through its proprietary integrated cell-free protein synthesis platform, XpressCF. Products offered by the company include STRO-001 for patients with multiple myeloma and non-Hodgkin lymphoma and STRO-002 for the treatment of ovarian and endometrial cancers.

Sutro Biopharma (FRA:S09) Headlines

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