Dynavax Technologies Corporation (DVAX)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 986,256 1,061,990 1,016,320 986,565 997,096 972,933 936,432 969,922 985,850 999,337 1,023,000 1,008,980 1,039,250 919,711 647,909 490,119 353,272 353,395 329,314 259,256
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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

The debt-to-assets ratio of Dynavax Technologies Corporation has consistently remained at 0.00 for the past multiple quarters, up to December 31, 2024. This indicates that the company has not used debt to finance its operations or investments, and its assets are primarily funded through equity. A debt-to-assets ratio of 0.00 typically suggests that the company has a low risk of financial distress related to debt obligations, as it indicates a strong financial position and liquidity. However, it is important to note that a very low debt-to-assets ratio may also indicate potential missed opportunities for leveraging debt for potential growth or expansion.