Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.03 is 98% below its 5-year average of 2.31, near the high end of its 5-year range (-47.69–16.25).
As of the fiscal period ended Tuesday, June 30, 2026. 85.56% below its 12-month average of 0.24.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.03.
DEBT TO EQUITY RATIO
0.03
DEBT TO EQUITY RATIO AVG TTM
0.24
DEBT TO EQUITY RATIO AVG 3Y
1.29
DEBT TO EQUITY RATIO AVG 5Y
2.31
DEBT TO EQUITY RATIO AVG 10Y
2.56
DEBT TO EQUITY RATIO AVG 15Y
1.62
DEBT TO EQUITY RATIO AVG 20Y
0.80
CURRENT VS TTM AVG
-85.56%
CURRENT VS 3Y AVG
-97.30%
CURRENT VS 5Y AVG
-98.50%
CURRENT VS 10Y AVG
-98.64%
CURRENT VS 15Y AVG
-97.85%
CURRENT VS 20Y AVG
-95.64%
SECTOR MEDIAN · HEALTHCARE
0.13
median of 641 covered companies
CURRENT VS SECTOR MEDIAN
-73.25%
vs the sector median at left
Puma Biotechnology, Inc.
Market Cap
$486.85M
Debt to Equity Ratio
0.03
TTM Avg
0.24
3Y Avg
1.29
5Y Avg
2.31
Market Cap
$498.55M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$474.22M
Debt to Equity Ratio
0.03
TTM Avg
0.03
3Y Avg
0.07
5Y Avg
0.07
Market Cap
$477.27M
Debt to Equity Ratio
0.00
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$475.46M
Debt to Equity Ratio
1.10
TTM Avg
1.63
3Y Avg
1.59
5Y Avg
1.34
Market Cap
$503.93M
Debt to Equity Ratio
0.16
TTM Avg
0.24
3Y Avg
0.21
5Y Avg
0.16
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Puma Biotechnology, Inc. (PBYI) | $486.85M | 0.03 | 0.24 | 1.29 | 2.31 |
| Evolus, Inc. (EOLS)vs › | $491.28M | N/A | 23.54 | 9.49 | 7.42 |
| Oculis Holding AG (OCS)vs › | $498.55M | 0.01 | 0.01 | 0.01 | 0.01 |
| Arvinas, Inc. (ARVN)vs › | $478.75M | 0.01 | 0.02 | 0.01 | 0.01 |
| Contineum Therapeutics, Inc. (CTNM)vs › | $474.22M | 0.03 | 0.03 | 0.07 | 0.07 |
| Bright Minds Biosciences Inc. (DRUG)vs › | $477.27M | 0.00 | 0.01 | 0.01 | 0.01 |
| Cerus Corporation (CERS)vs › | $475.46M | 1.10 | 1.63 | 1.59 | 1.34 |
| Allogene Therapeutics, Inc. (ALLO)vs › | $503.93M | 0.16 | 0.24 | 0.21 | 0.16 |
| Kamada Ltd. (KMDA)vs › | $472.48M | 0.04 | 0.04 | 0.06 | 0.07 |
| 908 Devices Inc. (MASS)vs › | $510.38M | 0.03 | 0.09 | 0.08 | 0.10 |
Debt/Equity
0.03
Current Ratio
2.91
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | 0.03 |
| 2026-03-31 | 0.12 |
| 2025-12-31 | 0.22 |
| 2025-09-30 | 0.36 |
| 2025-06-30 | 0.47 |
| 2025-03-31 | 0.64 |
| 2024-12-31 | 0.80 |
| 2024-09-30 | 1.21 |
| 2024-06-30 | 2.03 |
| 2024-03-31 | 2.17 |
| 2023-12-31 | 2.09 |
| 2023-09-30 | 2.90 |
| 2023-06-30 | 3.72 |
| 2023-03-31 | 4.40 |
| 2022-12-31 | 5.29 |
| 2022-09-30 | 5.19 |
| 2022-06-30 | 5.85 |
| 2022-03-31 | 16.25 |
| 2021-12-31 | -47.69 |
| 2021-09-30 | -10.73 |
| 2021-06-30 | 4.12 |
| 2021-03-31 | 7.37 |
| 2020-12-31 | -20.32 |
| 2020-09-30 | -266.59 |
| 2020-06-30 | 5.15 |
| 2020-03-31 | 12.84 |
| 2019-12-31 | 6.88 |
| 2019-09-30 | 6.98 |
| 2019-06-30 | 5.50 |
| 2019-03-31 | 4.13 |
| 2018-12-31 | 4.43 |
| 2018-09-30 | 2.64 |
| 2018-06-30 | 3.14 |
| 2018-03-31 | 0.85 |
| 2017-12-31 | 0.91 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | -0.62 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
