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SpyGlass PharmaSGP -0.59%12 Equity-to-Asset is 0.96 as of Jun. 2026. GuruFocus rates SGP with a GF Score™ of 12/100. Among 1,411 Biotechnology companies, SpyGlass Pharma ranks better than 97.59% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SpyGlass Pharma's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $232.36 Mil. SpyGlass Pharma's Total Assets for the quarter that ended in Jun. 2026 was $243.43 Mil.
The historical rank and industry rank for SpyGlass Pharma's Equity-to-Asset or its related term are showing as below:
SGP'
s Equity-to-Asset Range Over the Past 10 Years
Min: -2.59 Med: -0.8 Max: 0.97
Current: 0.97
During the past 3 years, the highest Equity to Asset Ratio of SpyGlass Pharma was 0.97. The lowest was -2.59. And the median was -0.80.
SGP's Equity-to-Asset is ranked better than 97.59% of 1411
companies
in the Biotechnology industry
Industry Median: 0.68
vs SGP: 0.97
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%.
SpyGlass Pharma Equity-to-Asset Related Terms
SpyGlass Pharma Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for SpyGlass Pharma'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.
SGP vs RIGL, NGNE, OCS: Equity-to-Asset Comparison
For the Biotechnology subindustry, SpyGlass Pharma'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.
SpyGlass Pharma Equity-to-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, SpyGlass Pharma's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SpyGlass Pharma's Equity-to-Asset falls into.
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.
SpyGlass Pharma's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
SpyGlass Pharma (SGP) has a Equity-to-Asset of 0.96 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SpyGlass Pharma and its competitors. According to the industry distribution chart, SpyGlass Pharma ranks #34 out of 1411 companies in the Biotechnology industry, placing it in the top 2.4%.
Is SpyGlass Pharma's Equity-to-Asset too high?
SpyGlass Pharma's current Equity-to-Asset is 0.96. The Biotechnology industry median Equity-to-Asset is 0.68. SpyGlass Pharma's value of 0.96 is 41.2% above this industry median. Based on the distribution chart, SpyGlass Pharma ranks #34 out of 1411 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, SpyGlass Pharma has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SpyGlass Pharma's Equity-to-Asset compare to RIGL and NGNE?
According to the Biotechnology industry distribution chart, SpyGlass Pharma ranks #34 out of 1411 companies for Equity-to-Asset. This places SpyGlass Pharma in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.68. SpyGlass Pharma's value of 0.96 is 41.2% above this benchmark. 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 1,411 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. SpyGlass Pharma's current Equity-to-Asset of 0.96 is 41.2% 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 SpyGlass Pharma 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. SpyGlass Pharma's current Equity-to-Asset is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpyGlass Pharma stock overvalued right now?
SpyGlass Pharma (SGP) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96 and 41.2% above the Biotechnology industry median of 0.68. SpyGlass Pharma's overall GF Score™ is 12/100. 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 SpyGlass Pharma (SGP), the current Equity-to-Asset is 0.96 as of Jun. 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.
SpyGlass Pharma Inc is a late-stage biopharmaceutical company focused on transforming the treatment paradigm for patients living with chronic eye conditions through long-acting, sustained drug delivery of approved medicines. The company is developing two programs: the BIM-IOL System, which is intended for use during cataract surgery to deliver glaucoma treatment, and the BIM-DRS, which is designed for glaucoma patients who are not undergoing cataract surgery.
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