TOVX (Theriva Biologics) Equity-to-Asset: 0.35 (As of Jun. 2026) — 51% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TOVX Theriva Biologics Inc TOVX
22 GF Score
Price $0.23
! 3 Warning Signs
View Full Analysis

What is Theriva Biologics Equity-to-Asset?

Theriva Biologics TOVX 22 Equity-to-Asset is 0.35 as of Jun. 2026, which is 51% below its 10-year median of 0.72. GuruFocus rates TOVX with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 1,412 Biotechnology companies, Theriva Biologics ranks worse than 76.7% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Theriva Biologics's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $12.19 Mil. Theriva Biologics's Total Assets for the quarter that ended in Jun. 2026 was $34.86 Mil.

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

TOVX' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.54   Med: 0.72   Max: 1.01
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Theriva Biologics was 1.01. The lowest was -0.54. And the median was 0.72.

TOVX's Equity-to-Asset is ranked worse than
76.7% of 1412 companies
in the Biotechnology industry
Industry Median: 0.69 vs TOVX: 0.35

Theriva Biologics  (AMEX:TOVX) 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%.


Theriva Biologics Equity-to-Asset Related Terms


Theriva Biologics Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Theriva Biologics'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.

Theriva Biologics Equity-to-Asset Chart

Theriva Biologics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.73 0.66 0.48 0.35

Theriva Biologics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.30 0.22 0.35 0.40 0.35

TOVX vs VTGN, MTVA, SNTI: Equity-to-Asset Comparison

For the Biotechnology subindustry, Theriva Biologics'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.


Theriva Biologics Equity-to-Asset vs Biotechnology Industry

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

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


TOVX
22GF Score
Theriva Biologics Inc TOVX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Theriva Biologics 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.

Theriva Biologics'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
=15.383/43.686
=

Theriva Biologics's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=12.187/34.857
=

* 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 0.35 mean?
Theriva Biologics (TOVX) has a Equity-to-Asset of 0.35 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Theriva Biologics and its competitors. This is 51% below median its historical median of 0.72. According to the industry distribution chart, Theriva Biologics ranks #1083 out of 1412 companies in the Biotechnology industry, placing it in the top 76.7%.
Is Theriva Biologics' Equity-to-Asset too high?
Theriva Biologics' current Equity-to-Asset of 0.35 is 51% below median its 10-year median of 0.72. The Biotechnology industry median Equity-to-Asset is 0.69. Theriva Biologics' value of 0.35 is 49.3% below this industry median. Based on the distribution chart, Theriva Biologics ranks #1083 out of 1412 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Theriva Biologics has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Theriva Biologics' Equity-to-Asset compare to VTGN and MTVA?
According to the Biotechnology industry distribution chart, Theriva Biologics ranks #1083 out of 1412 companies for Equity-to-Asset. This places Theriva Biologics in the lower half of its industry. The industry median Equity-to-Asset is 0.69. Theriva Biologics' value of 0.35 is 49.3% below this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 0.69, Theriva Biologics 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 Equity-to-Asset for a Biotechnology company?
The median Equity-to-Asset among Biotechnology companies is 0.69, based on 1,412 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. Theriva Biologics's current Equity-to-Asset of 0.35 is 49.3% 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 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 Theriva Biologics and its competitors. For the Biotechnology industry, the median Equity-to-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Theriva Biologics's current Equity-to-Asset is 0.35, which is 51% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theriva Biologics stock overvalued right now?
Theriva Biologics (TOVX) has a current Equity-to-Asset of 0.35. The current Equity-to-Asset is 0.35, which is 51% below median its 10-year median of 0.72 and 49.3% below the Biotechnology industry median of 0.69. Theriva Biologics' overall GF Score™ is 22/100 with 3 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 Theriva Biologics (TOVX), the current Equity-to-Asset is 0.35 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.

Theriva Biologics Business Description

Address 9605 Medical Center Drive, Suite 270, Rockville, MD, USA, 20850
Theriva Biologics Inc is a clinical-stage pharmaceutical company developing a novel oncolytic adenovirus (OV) platform to address devastating cancers with high unmet needs. It is a clinical-stage program VCN-01, designed to break down the tumor stroma, and its preclinical-stage program VCN-11 leverages its proprietary Albumin Shield Technology to protect systemically administered oncolytic viruses from the host immune system. Product Candidates includes SYN-004 (ribaxamase) and SYN-020.
22GF Score

Get the complete analysis for TOVX

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.23
Price