Legend Biotech (LEGN) Debt to Equity Ratio

Price: $34.43
Market Cap: $3.16B
Avg Volume: 1.29M
Country: US
Industry: Biotechnology
Sector: Healthcare
Beta: 0.208
52W Range: $29.265-60.87
Website: Legend Biotech

Debt to Equity Ratio

Legend Biotech's debt to equity ratio indicates the proportion of equity and debt the company uses to finance its assets:

  • Annual: 0.34
  • Quarterly: 0.34
  • TTM: 0.34

Other Key Debt Metrics

These metrics provide additional insights into Legend Biotech's financial leverage and its ability to meet financial obligations:

  • Debt Ratio - indicates the proportion of a company's assets that are financed through debt:
    • Annual: 20.99%
    • Quarterly: 20.99%
    • TTM: 20.99%
  • Debt to Assets Ratio - shows the proportion of a company's assets that are financed by debt:
    • Annual: 20.99%
    • Quarterly: 20.99%
    • TTM: 20.99%

These financial metrics offer a comprehensive view of Legend Biotech's debt structure and financial health. By comparing these ratios with industry benchmarks, investors can better understand the company's leverage and risk profile.

Annual Debt to Equity Ratio

0.34

Quarterly Debt to Equity Ratio

0.34

TTM Debt to Equity Ratio

0.34

Legend Biotech Historical Debt to Equity Ratio
0.500.500.390.390.280.280.170.170.060.06-0.05-0.05Debt to Equity Ratio2018201820192019202020202021202120222022202320232024202420252025
Historical Debt Ratio
21.38%21.38%17.10%17.10%12.83%12.83%8.55%8.55%4.28%4.28%0.00%0.00%Debt Ratio2018201820192019202020202021202120222022202320232024202420252025
Historical Debt to Assets Ratio
21.38%21.38%17.10%17.10%12.83%12.83%8.55%8.55%4.28%4.28%0.00%0.00%Debt to Assets Ratio2018201820192019202020202021202120222022202320232024202420252025

Legend Biotech Historical Debt to Equity Ratio

The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.

Year Debt to Equity Ratio Debt Ratio Debt to Assets Ratio
2024 0.34 20.99% 20.99%
2023 0.26 17.78% 17.78%
2022 0.38 21.38% 21.38%
2021 0.26 11.00% 11.00%
2020 0.01 0.47% 0.47%
2019 -0.05 2.11% 2.11%
2018 0.50 1.01% 1.01%
2017 0.02 0.11% 0.11%

Related Metrics

Explore detailed financial metrics and analysis for LEGN.