Arcus Biosciences Inc (RCUS)

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 485,000 565,000 635,000 707,000 462,000 520,000 566,000 600,000 657,000 699,000 747,000 797,000 842,000 542,607 604,555 664,790 502,000 544,417 428,710 140,638
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 ÷ $485,000K
= 0.00

The debt-to-equity ratio of Arcus Biosciences Inc has consistently been 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-equity ratio of 0.00 implies that the company has no debt in its capital structure relative to its equity. It suggests that Arcus Biosciences Inc may have a conservative approach to capital structure, maintaining a low level of debt compared to its equity. This could indicate a lower financial risk for the company, as it relies less on borrowed funds to finance its operations and growth.