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0.31Debt to Equity Ratio
VS
Market
84
Sector
67
Industry
55
History
43
$ 0.4Close
$ 0.27 - $ 0.47 52-Week Range
Ticker Information

Ticker

IGC

Company Name

IGC PHARMA INC

Sector

Healthcare

Industry

Biotechnology

Exchange

NYSEMKT

IGC PHARMA INC - Debt to Equity Ratio Chart Analysis (TTM)

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IGC - D/E Historical data
DateDebt to Equity RatioShareholders EquityTotal Liabilities
6/30/20250.31$ 6.08M$ 1.86M
3/31/20250.38$ 6.33M$ 2.42M
12/31/20240.45$ 6.26M$ 2.82M
9/30/20240.41$ 7.38M$ 2.99M
6/30/20240.34$ 7.88M$ 2.71M
3/31/20240.35$ 7.32M$ 2.58M
12/31/20230.24$ 9.05M$ 2.21M
9/30/20230.17$ 14.1M$ 2.41M
6/30/20230.19$ 13.2M$ 2.47M
3/31/20230.15$ 14.91M$ 2.27M
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Key Performance Insights, Last 5 Years

  • IGC PHARMA INC's latest trailing twelve months (TTM) D/E stands at 0.12.
  • Over the past 5 years, IGC PHARMA INC's average D/E has been 0.2.
  • The median D/E for IGC PHARMA INC during this period was 0.14
  • IGC PHARMA INC reached its highest D/E over the past 5 years at 0.45.
  • The lowest D/E recorded by IGC PHARMA INC in the same timeframe 0.06

IGC PHARMA INC's D/E vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

D/E Benchmarks
CompanyD/E
CLSD : CLEARSIDE BIOMEDICAL INC -PLUR : PLURI INC -RANI : RANI THERAPEUTICS HOLDINGS INC -SONN : SONNET BIOTHERAPEUTICS HOLDINGS INC -LSTA : LISATA THERAPEUTICS INC 0.21DTIL : PRECISION BIOSCIENCES INC 2.2RLYB : RALLYBIO CORP 0.11ICU : SEASTAR MEDICAL HOLDING CORP 1.51ADVM : ADVERUM BIOTECHNOLOGIES INC -ONCO : ONCONETIX INC 2.16

Definition of Debt to Equity Ratio

[Calculation] Debt to Equity (D/E) measures the ratio between a company’s [Liabilities] and [Equity]. A high ratio might indicate more risk.
Liabilities / Equity
(=) D/E
D/E for IGC PHARMA INC is calculated as follows: Liabilities [ $ 2.75M ] / Equity [ $ 23.6M ]
(=) D/E [ 0.12 ]

IGC - Debt to Equity Ratio, Last 5 years

0.06

Minimum

Dec 31, 2021

0.45

Maximum

Dec 31, 2024

0.2

Average

0.14

Median

D/E Benchmark Analysis

The chart above depicts the distribution of D/E for companies in the Total Stock Market. The average D/E of the companies is 1.39 with a standard deviation of 1.31.
The following table provides additional summary stats:
D/E in the Market:
filtered constituents3.3K
min0
max6.05
average1.39
median0.98
std1.31