ALGNNEUTRAL

ALGN Debt-to-Equity Ratio Analysis

0.02x

Higher than 16% of Healthcare sector peers

Updated 3005h ago·SEC filings & market data

Key Takeaway

Align Technology’s debt-to-equity ratio of 0.02x means the company uses almost no borrowed money compared to its shareholders’ equity—a very conservative capital structure.

Sector Performance

16th percentile

ALGN

0.02x

Sector Median

0.26x

Sector Avg

0.89x

Prior Period

0.03x(Apr 2026)

↑ Improving

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Deep Analysis

Align Technology’s debt-to-equity ratio of 0.02x means the company uses almost no borrowed money compared to its shareholders’ equity—a very conservative capital structure.

This places it well below the healthcare sector median of 0.45x, sitting at the 12th percentile among peers, indicating it carries far less financial leverage than most companies in its industry. There is no trend data available: the year-over-year change, quarter-over-quarter change, and prior eight quarters are all listed as not applicable. Without any trend direction, it is not possible to assess whether this low leverage is increasing, declining, or stable. The combination of an extremely low debt level and the absence of trend information suggests limited financial risk from debt, but also offers no insight into management’s evolving financing strategy. This metric supports the overall NEUTRAL verdict by confirming a low-risk balance sheet, which neither drives a bullish nor bearish case on its own.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about ALGN?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does ALGN's Debt-to-Equity Ratio compare to its sector?

ALGN's Debt-to-Equity Ratio of 0.02x compares to a Healthcare sector median of 0.26x, placing it in the 16th percentile.

Who are ALGN's closest peers by Debt-to-Equity Ratio?

The closest Healthcare peers by Debt-to-Equity Ratio include: BIO (0.17x), BIIB (0.34x), TECH (0.10x), BEAM (0.09x), RVTY (0.45x).

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Learn More About Debt-to-Equity Ratio

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Debt/Equity Ratio: How Much Debt Is Too Much?

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The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.