INCY Debt-to-Equity Ratio Analysis
Updated 3033h ago·SEC filings & market data
Key Takeaway
INCY's debt-to-equity ratio of 0.01x means the company uses almost no debt to finance its operations, compared to just $0.01 of debt for every $1 of shareholders' equity.
Sector Performance
8th percentileINCY
0.01x
Sector Median
0.74x
Sector Avg
2.51x
Deep Analysis
INCY's debt-to-equity ratio of 0.01x means the company uses almost no debt to finance its operations, compared to just $0.01 of debt for every $1 of shareholders' equity.
This is far below the sector median of 0.75x, putting INCY in the 9th percentile among peers — meaning only 9% of sector companies have a lower ratio. The year-over-year and quarter-over-quarter changes are both N/A, so no trend is available to assess direction. The extremely low debt level suggests minimal financial risk from leverage, but the absence of any trend data makes it impossible to tell if this conservative position is stable or shifting. Given the NEUTRAL overall verdict, this metric supports a cautious stance: the low ratio removes a common risk factor, but without trend information, it neither confirms nor challenges the neutral view on its own.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about INCY?
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 INCY's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
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.
Master INCY's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full INCY research report →INCY
0.01x
Sector Median
0.74x
Sector Avg
2.51x
How INCY's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.