Debt to Equity Ratio Analysis of Biogen Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.469
Period Ending - Dec-22
Very Good Debt to Equity
0.476
Growth
-1.52 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Good Debt to Equity
0.409
Debt to Equity Analysis of Biogen Inc
| Debt to Equity Ratio 0.469 of Biogen Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of BIIB has fallen by -1.52 % Compared to previous Financial Year. |
| Debt to Equity Ratio with value of 1.39 was highest in Year Dec-20 in last Five Years. |
| Debt to Equity Ratio of BIIB trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.469 is lower than Average Debt to Equity of 0.689 in last five years. |
Other Debt to Equity Related Info of BIIB that may interest you.
Biogen Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BIIB | 226.46 | 231.69 | 2.26 % | Drug Manufacturers-General |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Mild Stability | |
FY - Historical Debt to Equity Ratio of Biogen Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.469 | 0.476 | 0.667 | 1.39 | 0.446 | 0.455 | 0.471 |
| Change | -1.52 % | -28.68 % | -51.91 % | 211.02 % | -1.97 % | -3.30 % | -12.30 % |
FY Chart of Debt to Equity Ratio of Biogen Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)