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ADC Therapeutics (ADC Therapeutics) Equity-to-Asset

: -0.42 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ADC Therapeutics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-148.25 Mil. ADC Therapeutics's Total Assets for the quarter that ended in Dec. 2023 was $354.78 Mil. Therefore, ADC Therapeutics's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.42.

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

ADCT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.42   Med: 0.73   Max: 0.92
Current: -0.42

During the past 8 years, the highest Equity to Asset Ratio of ADC Therapeutics was 0.92. The lowest was -0.42. And the median was 0.73.

ADCT's Equity-to-Asset is ranked worse than
88.51% of 1567 companies
in the Biotechnology industry
Industry Median: 0.67 vs ADCT: -0.42

ADC Therapeutics Equity-to-Asset Historical Data

The historical data trend for ADC Therapeutics'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.

ADC Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only 0.81 0.65 0.27 0.16 -0.42

ADC Therapeutics Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.16 0.08 -0.02 -0.12 -0.42

Competitive Comparison

For the Biotechnology subindustry, ADC Therapeutics'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.


ADC Therapeutics Equity-to-Asset Distribution

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

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



ADC Therapeutics 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.

ADC Therapeutics'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
=-148.249/354.782
=-0.42

ADC Therapeutics's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-148.249/354.782
=-0.42

* 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.


ADC Therapeutics  (NYSE:ADCT) 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%.


ADC Therapeutics Equity-to-Asset Related Terms

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ADC Therapeutics (ADC Therapeutics) Business Description

Traded in Other Exchanges
N/A
Address
Route de la Corniche 3B, Biopole, Epalinges, CHE, 1066
ADC Therapeutics SA is a commercial-stage oncology-focused biotechnology company. It is involved in the development of antibody-drug conjugates for patients suffering from hematological malignancies and solid tumors. The company's product candidate includes ZYNLONTA, camidanlumab tesirine, ADCT-602, ADCT-601, ADCT-901, ADCT-701 and ADCT-212.

ADC Therapeutics (ADC Therapeutics) Headlines

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