Debt-to-Equity Ratio
Updated 131h ago
Sector Performance
51th percentileILMN
0.74x
Sector Median
0.73x
Sector Avg
0.09x
Deep Analysis
ILMN's current debt-to-equity ratio of 0.74x means the company uses $0.74 of debt for every $1 of shareholders' equity — a measure of financial leverage.
At 0.74x, ILMN sits just above the sector median of 0.73x, placing it at the 51st percentile among peers. The metric has been decreasing over the last eight quarters, with a quarter-over-quarter decline of 19.6% (year-over-year change is not available). The combination of a level near the sector median and a declining trend points to reduced financial risk, as the company is paying down debt relative to equity. This moderate, improving leverage does not create a clear investment opportunity or warning. The metric supports the overall NEUTRAL verdict because it shows neither alarming leverage nor exceptional financial strength.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about ILMN?
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.
Who are ILMN's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
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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0.74x
Sector Median
0.73x
Sector Avg
0.09x
How ILMN's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.