Dynavax Technologies Corporation (DVAX)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 986,256 | 997,096 | 985,850 | 1,039,250 | 353,272 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $986,256K
= 0.00
Based on the provided data, Dynavax Technologies Corporation has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt financing to fund its operations, and its assets are predominantly financed by equity. A debt-to-assets ratio of 0.00 signifies a favorable financial position in terms of solvency and financial risk, as the company is not reliant on debt to support its asset base. Investors and creditors generally view a low debt-to-assets ratio positively as it suggests lower financial leverage and potential for lower default risk. However, it is important to consider other financial metrics and factors to gain a more comprehensive understanding of Dynavax Technologies' overall financial health and stability.
Peer comparison
Dec 31, 2024