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 0.09 is 111% above its 5-year average of -0.83, around the middle of its 5-year range (-9.69–18.24).
As of the fiscal period ended Tuesday, June 30, 2026. 70.78% below its 12-month average of 0.32.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.09.
DEBT TO EQUITY RATIO
0.09
DEBT TO EQUITY RATIO AVG TTM
0.32
DEBT TO EQUITY RATIO AVG 3Y
-0.78
DEBT TO EQUITY RATIO AVG 5Y
-0.83
DEBT TO EQUITY RATIO AVG 10Y
0.34
DEBT TO EQUITY RATIO AVG 15Y
0.17
DEBT TO EQUITY RATIO AVG 20Y
0.03
CURRENT VS TTM AVG
-70.78%
CURRENT VS 3Y AVG
+112.08%
CURRENT VS 5Y AVG
+111.37%
CURRENT VS 10Y AVG
-72.53%
CURRENT VS 15Y AVG
-44.82%
CURRENT VS 20Y AVG
+249.69%
SECTOR MEDIAN · HEALTHCARE
0.11
median of 774 covered companies
CURRENT VS SECTOR MEDIAN
-14.63%
vs the sector median at left
Rigel Pharmaceuticals, Inc.
Market Cap
$858.31M
Debt to Equity Ratio
0.09
TTM Avg
0.32
3Y Avg
-0.78
5Y Avg
-0.83
Market Cap
$852.92M
Debt to Equity Ratio
1.73
TTM Avg
1.19
3Y Avg
0.87
5Y Avg
0.60
Market Cap
$851.61M
Debt to Equity Ratio
N/A
TTM Avg
71.70
3Y Avg
36.60
5Y Avg
24.63
Market Cap
$869.18M
Debt to Equity Ratio
0.09
TTM Avg
0.04
3Y Avg
0.08
5Y Avg
0.08
Market Cap
$840.51M
Debt to Equity Ratio
0.01
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$830.99M
Debt to Equity Ratio
0.03
TTM Avg
0.07
3Y Avg
0.07
5Y Avg
0.07
Market Cap
$880.01M
Debt to Equity Ratio
0.00
TTM Avg
0.03
3Y Avg
0.03
5Y Avg
0.03
Market Cap
$879.93M
Debt to Equity Ratio
0.06
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rigel Pharmaceuticals, Inc. (RIGL) | $858.31M | 0.09 | 0.32 | -0.78 | -0.83 |
| SI-BONE, Inc. (SIBN)vs › | $856.16M | 0.04 | 0.12 | 0.21 | 0.23 |
| QuidelOrtho Corporation (QDEL)vs › | $852.92M | 1.73 | 1.19 | 0.87 | 0.60 |
| Pacific Biosciences of California, Inc. (PACB)vs › | $851.61M | N/A | 71.70 | 36.60 | 24.63 |
| SL Science Holding Ltd (SLBT)vs › | $869.18M | 0.09 | 0.04 | 0.08 | 0.08 |
| SpyGlass Pharma, Inc. Common Stock (SGP)vs › | $840.51M | 0.01 | N/A | N/A | N/A |
| Beta Bionics, Inc. (BBNX)vs › | $830.99M | 0.03 | 0.07 | 0.07 | 0.07 |
| Corvus Pharmaceuticals, Inc. (CRVS)vs › | $880.01M | 0.00 | 0.03 | 0.03 | 0.03 |
| Odyssey Therapeutics, Inc. (ODTX)vs › | $879.93M | 0.06 | N/A | N/A | N/A |
| Alumis Inc. (ALMS)vs › | $831.93M | 0.08 | 0.12 | 0.12 | 0.12 |
Debt/Equity
0.09
Current Ratio
1.95
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 | 0.09 |
| 2026-03-31 | 0.11 |
| 2025-12-31 | 0.14 |
| 2025-09-30 | 0.52 |
| 2025-06-30 | 0.75 |
| 2025-03-31 | 3.29 |
| 2024-12-31 | 18.24 |
| 2024-09-30 | -4.12 |
| 2024-06-30 | -2.02 |
| 2024-03-31 | -1.91 |
| 2023-12-31 | -2.11 |
| 2023-09-30 | -1.91 |
| 2023-06-30 | -2.16 |
| 2023-03-31 | -2.50 |
| 2022-12-31 | -3.05 |
| 2022-09-30 | -2.16 |
| 2022-06-30 | -9.69 |
| 2022-03-31 | 5.61 |
| 2021-12-31 | 1.01 |
| 2021-09-30 | 0.66 |
| 2021-06-30 | 0.51 |
| 2021-03-31 | 0.47 |
| 2020-12-31 | 1.15 |
| 2020-09-30 | 0.81 |
| 2020-06-30 | 0.68 |
| 2020-03-31 | 0.44 |
| 2019-12-31 | 0.67 |
| 2019-09-30 | 0.55 |
| 2019-06-30 | 0.38 |
| 2019-03-31 | 0.33 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.02 |
| 2017-06-30 | 0.03 |
| 2017-03-31 | 0.04 |
| 2016-12-31 | 0.06 |
| 2016-09-30 | 0.06 |
| 2016-06-30 | 0.07 |
| 2016-03-31 | 0.08 |
| 2015-12-31 | 0.03 |
| 2015-09-30 | 0.07 |
| 2015-06-30 | 0.08 |
| 2015-03-31 | 0.08 |
| 2014-12-31 | 0.07 |
| 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 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.01 |
| 2010-06-30 | 0.01 |
| 2010-03-31 | 0.02 |
| 2009-12-31 | 0.02 |
| 2009-09-30 | 0.02 |
| 2009-06-30 | 0.05 |
| 2009-03-31 | 0.04 |
| 2008-12-31 | 0.03 |
| 2008-09-30 | 0.02 |
| 2008-06-30 | 0.01 |
| 2008-03-31 | 0.01 |
| 2007-12-31 | 0.02 |
| 2007-09-30 | 0.02 |
| 2007-06-30 | 0.02 |
| 2007-03-31 | 0.03 |
| 2006-12-31 | 0.03 |
| 2006-09-30 | 0.03 |
| 2006-06-30 | 0.03 |
| 2006-03-31 | 0.03 |
| 2005-12-31 | 0.02 |
| 2005-09-30 | 0.02 |
| 2005-06-30 | 0.07 |
| 2005-03-31 | 0.06 |
| 2004-12-31 | 0.04 |
| 2004-09-30 | 0.04 |
| 2004-06-30 | 0.03 |
| 2004-03-31 | 0.03 |
| 2003-12-31 | 0.09 |
| 2003-09-30 | 0.08 |
| 2003-06-30 | 0.09 |
| 2003-03-31 | 0.28 |
| 2002-12-31 | 0.22 |
| 2002-09-30 | 0.21 |