Dynavax Technologies Corporation (DVAX)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 596,799 | 622,072 | 581,013 | 222,374 | 58,693 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $596,799K
= 0.00
Based on the provided data for Dynavax Technologies Corporation, the debt-to-equity ratio has consistently been at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments during this period. A debt-to-equity ratio of 0.00 signifies that the company's financing is predominantly reliant on equity rather than debt, reflecting a lower financial risk and potentially greater financial stability. However, it's essential to note that a zero debt-to-equity ratio may also suggest missed opportunities for leveraging debt for potential growth or tax advantages.
Peer comparison
Dec 31, 2024