Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nuvation Bio's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $605.12 Mil. Nuvation Bio's Total Assets for the quarter that ended in Dec. 2023 was $621.48 Mil.
The historical rank and industry rank for Nuvation Bio's Equity-to-Asset or its related term are showing as below:
NUVB'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96 Med: 0.97 Max: 0.98
Current: 0.97
During the past 4 years, the highest Equity to Asset Ratio of Nuvation Bio was 0.98. The lowest was 0.96. And the median was 0.97.
NUVB's Equity-to-Asset is ranked better than 97.95% of 1564
companies
in the Biotechnology industry
Industry Median: 0.66
vs NUVB: 0.97
Nuvation Bio Equity-to-Asset Historical Data
The historical data trend for Nuvation Bio's Equity-to-Asset 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.
For the Biotechnology subindustry, Nuvation Bio's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Nuvation Bio Equity-to-Asset Distribution
For the Biotechnology industry and Healthcare sector, Nuvation Bio's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nuvation Bio's Equity-to-Asset falls into.
Nuvation Bio Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Nuvation Bio's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Nuvation Bio (NYSE:NUVB) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Nuvation Bio Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Nuvation Bio's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuvation Bio Inc is a biopharmaceutical company tackling unmet needs in oncology by developing differentiated and novel therapeutic candidates. The company's clinical-stage product candidate is NUV-868, a BD2-selective oral small molecule BET inhibitor. NUV-868 inhibits the protein BRD4, a key member of the BET family that epigenetically regulates a number of important proteins that control tumor growth and differentiation, including oncogenes such as c-myc. Notably, BET proteins have critical biological functions and are found to be altered in many human cancers. It is also developing its proprietary, small molecule Drug-Drug Conjugate (DDC) platform, a novel therapeutic approach within the drug-conjugate class of anti-cancer therapies with parallels to Antibody-Drug Conjugates (ADCs).
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