Debt-to-Equity Ratio
Higher than 46% of Healthcare sector peers
Updated 661h ago
Sector Performance
46th percentileBIIB
0.34x
Sector Median
0.46x
Sector Avg
0.82x
Deep Analysis
Biogen's current Debt-to-Equity Ratio of 0.34x means the company uses $0.34 of debt for every $1 of shareholder equity—a measure of financial leverage that indicates lower reliance on borrowed funds.
This ratio sits below the healthcare sector median of 0.43x and places Biogen at the 45th percentile among its sector peers, meaning it is slightly less leveraged than the typical company in its industry. The metric shows no trend data: the year-over-year and quarter-over-quarter changes are both reported as N/A, and no historical values beyond the current reading are available for the last eight quarters. Given the low debt level relative to equity and the absence of a trend, the combination suggests a relatively conservative capital structure with limited immediate financial risk, but the lack of directional insight makes it difficult to assess whether leverage is increasing or declining. This metric supports the overall NEUTRAL verdict: the low leverage points to stability and lower default risk, offering no strong bullish or bearish signal on its own, and the missing trend prevents any additional conviction.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about BIIB?
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 BIIB's Debt-to-Equity Ratio compare to its sector?
BIIB's Debt-to-Equity Ratio of 0.34x compares to a Healthcare sector median of 0.46x, placing it in the 46th percentile.
Who are BIIB's closest peers by Debt-to-Equity Ratio?
The closest Healthcare peers by Debt-to-Equity Ratio include: NVO (0.72x), BIO (0.18x), TDOC (0.75x), NTLA (0.13x), TECH (0.10x).
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.
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0.34x
Sector Median
0.46x
Sector Avg
0.82x
How BIIB's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.