Dynavax Technologies Corporation (DVAX)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $596,799K
= 0.00
The debt-to-equity ratio for Dynavax Technologies Corporation has consistently been 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations and growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 suggests that the company has a very conservative financial structure with no debt obligations, which can be viewed positively by investors and creditors as it implies lower financial risk and potentially greater financial stability. This also suggests that the company may have a strong equity base or has been able to generate sufficient cash flows to support its operations without the need for external debt financing.
Peer comparison
Dec 31, 2024