Debt-to-Equity Ratio
Higher than 38% of Healthcare sector peers
Updated 30h ago
Sector Performance
38th percentileTECH
0.10x
Sector Median
0.46x
Sector Avg
0.82x
Deep Analysis
Bio-Techne Corporation’s debt-to-equity ratio of 0.10x means the company uses very little debt relative to shareholder equity, indicating a conservative financing approach with low financial leverage.
For a non-expert investor, this metric measures how much of the company’s operations are funded by borrowed money versus investor capital. Compared to sector peers, this ratio is well below the healthcare sector median of 0.46x, placing Bio-Techne in the 38th percentile — meaning it has less debt than 62% of its competitors. The year-over-year and quarter-over-quarter changes are both reported as N/A, so no trend direction is available for the last eight quarters. The combination of an exceptionally low debt level and the absence of any recent movement implies that financial risk from borrowing is minimal, but it also offers no insight into whether management is increasing or decreasing leverage. This metric supports the neutral verdict because the low ratio reduces downside risk from debt, yet the lack of trend data prevents it from strengthening or weakening the overall stock assessment.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about TECH?
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 TECH's Debt-to-Equity Ratio compare to its sector?
TECH's Debt-to-Equity Ratio of 0.10x compares to a Healthcare sector median of 0.46x, placing it in the 38th percentile.
Who are TECH's closest peers by Debt-to-Equity Ratio?
The closest Healthcare peers by Debt-to-Equity Ratio include: A (0.47x), BIIB (0.34x), NVO (0.72x), BIO (0.18x), NTLA (0.13x).
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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0.10x
Sector Median
0.46x
Sector Avg
0.82x
How TECH's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.