Cocrystal Pharma (STU:8CC) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Cocrystal Pharma Debt-to-Equity?

Cocrystal Pharma's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.22 Mil. Cocrystal Pharma's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.48 Mil. Cocrystal Pharma's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €24.19 Mil. Cocrystal Pharma's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cocrystal Pharma's Debt-to-Equity or its related term are showing as below:

STU:8CC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.07
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Cocrystal Pharma was 0.07. The lowest was 0.01. And the median was 0.01.

STU:8CC's Debt-to-Equity is ranked better than
66.76% of 1065 companies
in the Biotechnology industry
Industry Median: 0.14 vs STU:8CC: 0.07

Cocrystal Pharma Debt-to-Equity Historical Data

The historical data trend for Cocrystal Pharma's Debt-to-Equity 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.

Cocrystal Pharma Debt-to-Equity Chart

Cocrystal Pharma Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.01

0.07

Cocrystal Pharma Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	-	0.07

Competitive Comparison of Cocrystal Pharma's Debt-to-Equity

For the Biotechnology subindustry, Cocrystal Pharma's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Cocrystal Pharma's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cocrystal Pharma's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cocrystal Pharma's Debt-to-Equity falls into.

Cocrystal Pharma Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cocrystal Pharma's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.22	+	1.479)	/	24.194
	=	0.07

Cocrystal Pharma's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.22	+	1.479)	/	24.194
	=	0.07

Cocrystal Pharma (STU:8CC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cocrystal Pharma Debt-to-Equity Related Terms

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Cocrystal Pharma (STU:8CC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Cocrystal Pharma Inc (STU:8CC) » Definitions » Debt-to-Equity

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COCP:USA

Address

19805 North Creek Parkway, Bothell, WA, USA, 98011

Website

https://www.cocrystalpharma.com

Cocrystal Pharma Inc is a biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, hepatitis C viruses, and noroviruses. It employs structure-based technologies and Nobel Prize-winning expertise to create first-and best-in-class antiviral drugs. It is developing CC-31244, an investigational, oral, broad-spectrum replication inhibitor called a non-nucleoside inhibitor (NNI).

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