SQZB (SQZ Biotechnologies Co) LT-Debt-to-Total-Asset: 0.64 (As of Sep. 2023)

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SQZB SQZ Biotechnologies Co SQZB
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What is SQZ Biotechnologies Co LT-Debt-to-Total-Asset?

SQZ Biotechnologies Co SQZB 12 LT-Debt-to-Total-Asset is 0.64 as of Sep. 2023. GuruFocus rates SQZB with a GF Score™ of 12/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. SQZ Biotechnologies Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.64.

SQZ Biotechnologies Co's long-term debt to total assets ratio increased from Sep. 2022 (0.34) to Sep. 2023 (0.64). It may suggest that SQZ Biotechnologies Co is progressively becoming more dependent on debt to grow their business.

SQZ Biotechnologies Co  (OTCPK:SQZB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

SQZ Biotechnologies Co LT-Debt-to-Total-Asset Related Terms

SQZ Biotechnologies Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for SQZ Biotechnologies Co's LT-Debt-to-Total-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.

SQZ Biotechnologies Co LT-Debt-to-Total-Asset Chart

SQZ Biotechnologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.22 0.17 0.26 0.21

SQZ Biotechnologies Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-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 0.34 0.21 0.28 0.36 0.64
SQZB
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SQZ Biotechnologies Co SQZB
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SQZ Biotechnologies Co LT-Debt-to-Total-Asset Calculation

SQZ Biotechnologies Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=20.909/99.9
=0.21

SQZ Biotechnologies Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=19.075/29.788
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.64 mean?
SQZ Biotechnologies Co (SQZB) has a LT-Debt-to-Total-Asset of 0.64 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on SQZ Biotechnologies Co and its competitors.
Is SQZ Biotechnologies Co's LT-Debt-to-Total-Asset too high?
SQZ Biotechnologies Co's current LT-Debt-to-Total-Asset is 0.64. Overall, SQZ Biotechnologies Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SQZ Biotechnologies Co's LT-Debt-to-Total-Asset compare to AGTX and ISCO?
SQZ Biotechnologies Co's LT-Debt-to-Total-Asset of 0.64 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Biotechnology company?
A good LT-Debt-to-Total-Asset depends on the Biotechnology industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on SQZ Biotechnologies Co and its competitors. SQZ Biotechnologies Co's current LT-Debt-to-Total-Asset is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SQZ Biotechnologies Co stock overvalued right now?
SQZ Biotechnologies Co (SQZB) has a current LT-Debt-to-Total-Asset of 0.64. The current LT-Debt-to-Total-Asset is 0.64. SQZ Biotechnologies Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For SQZ Biotechnologies Co (SQZB), the current LT-Debt-to-Total-Asset is 0.64 as of Sep. 2023. 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.

SQZ Biotechnologies Co Business Description

Address 200 Arsenal Yards Boulevard, Suite 210, Watertown, MA, USA, 02472
SQZ Biotechnologies Co is a clinical-stage biotechnology company developing transformative cell therapies for patients with cancer, infectious diseases, and other serious conditions. Using its proprietary technology, SQZ has the ability to deliver multiple materials into many patient cell types to engineer what it believes to be an unprecedented range of potential therapeutics for a range of diseases. The company has the potential to create well-tolerated cell therapies that can provide therapeutic benefit for patients and potentially improve the patient experience over existing cell therapy approaches, with accelerated production timelines under 24 hours and the elimination of preconditioning and lengthy hospital stays.
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