Dynavax Technologies Corporation (DVAX)

Debt-to-capital 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 stockholders’ equity US$ in thousands 596,799 681,427 642,849 618,480 622,072 604,916 577,205 563,732 581,013 500,576 422,799 287,484 222,374 67,576 83,380 99,762 58,693 69,284 58,295 11,824
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $596,799K)
= 0.00

The debt-to-capital ratio of Dynavax Technologies Corporation has remained at 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this period. A consistently low debt-to-capital ratio can suggest that the company is not heavily reliant on debt financing to support its operations and growth. This may reflect a conservative approach to managing its financial obligations and potentially lower financial risk compared to companies with higher debt levels. It is essential for investors and analysts to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a more comprehensive understanding of the company's overall financial health and risk profile.