ProQR Therapeutics NV (ProQR Therapeutics NV) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is ProQR Therapeutics NV Debt-to-Equity?

ProQR Therapeutics NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.76 Mil. ProQR Therapeutics NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.76 Mil. ProQR Therapeutics NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $45.14 Mil. ProQR Therapeutics NV's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ProQR Therapeutics NV's Debt-to-Equity or its related term are showing as below:

PRQR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.6
Current: 0.48

During the past 12 years, the highest Debt-to-Equity Ratio of ProQR Therapeutics NV was 0.60. The lowest was 0.03. And the median was 0.16.

PRQR's Debt-to-Equity is ranked worse than
74.74% of 1065 companies
in the Biotechnology industry
Industry Median: 0.14 vs PRQR: 0.48

ProQR Therapeutics NV Debt-to-Equity Historical Data

The historical data trend for ProQR Therapeutics NV's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ProQR Therapeutics NV Debt-to-Equity Chart

ProQR Therapeutics NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.60

0.53

0.33

0.48

ProQR Therapeutics NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.36	0.42	0.46	0.48

Competitive Comparison of ProQR Therapeutics NV's Debt-to-Equity

For the Biotechnology subindustry, ProQR Therapeutics NV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ProQR Therapeutics NV's Debt-to-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ProQR Therapeutics NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ProQR Therapeutics NV's Debt-to-Equity falls into.

ProQR Therapeutics NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ProQR Therapeutics NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.76	+	19.76)	/	45.136
	=	0.48

ProQR Therapeutics NV's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.76	+	19.76)	/	45.136
	=	0.48

ProQR Therapeutics NV (NAS:PRQR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ProQR Therapeutics NV Debt-to-Equity Related Terms

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ProQR Therapeutics NV (ProQR Therapeutics NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ProQR Therapeutics NV (NAS:PRQR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0PQ:Germany

Address

Zernikedreef 9, Leiden, ZH, NLD, 2333 CK

Website

https://www.proqr.com

ProQR Therapeutics NV is a biopharmaceutical company. It discovers and develops RNA therapeutics for patients with severe genetic rare diseases such as cystic fibrosis, Leber's congenital amaurosis type 10 and dyastrophic epidermolysis bullosa.