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0.29Debt to Equity Ratio
VS
Market
85
Sector
69
Industry
78
History
33
$ 8.6Close
$ 1.88 - $ 9.15 52-Week Range
Ticker Information

Ticker

MASS

Company Name

908 DEVICES INC

Sector

Healthcare

Industry

Medical Devices

Exchange

NASDAQ

908 DEVICES INC - Debt to Equity Ratio Chart Analysis (TTM)

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MASS - D/E Historical data
DateDebt to Equity RatioShareholders EquityTotal Liabilities
6/30/20250.29$ 148.82M$ 42.88M
3/31/20250.23$ 159.42M$ 36.6M
12/31/20240.39$ 114.59M$ 44.88M
9/30/20240.36$ 131.04M$ 47.24M
6/30/20240.34$ 156.36M$ 52.41M
3/31/20240.21$ 156.89M$ 32.9M
12/31/20230.23$ 165.49M$ 37.49M
9/30/20230.23$ 169.93M$ 38.55M
6/30/20230.21$ 174.46M$ 36.37M
3/31/20230.21$ 180.61M$ 37.8M
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Key Performance Insights, Last 5 Years

  • 908 DEVICES INC's latest trailing twelve months (TTM) D/E stands at 0.
  • Over the past 5 years, 908 DEVICES INC's average D/E has been 0.27.
  • The median D/E for 908 DEVICES INC during this period was 0.27
  • 908 DEVICES INC reached its highest D/E over the past 5 years at 0.39.
  • The lowest D/E recorded by 908 DEVICES INC in the same timeframe 0.21

908 DEVICES 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
ELMD : ELECTROMED INC 0.25CVRX : CVRX INC 1.06LNSR : LENSAR INC -SGHT : SIGHT SCIENCES INC 0.74MXCT : MAXCYTE INC 0.15TLSI : TRISALUS LIFE SCIENCES INC -SNWV : SANUWAVE HEALTH INC -RCEL : AVITA MEDICAL INC -CLPT : CLEARPOINT NEURO INC 2.18DERM : JOURNEY MEDICAL CORP 3.22

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 908 DEVICES INC is calculated as follows: Liabilities [ $ 37.92M ] / Equity [ $ -65.61M ]
(=) D/E [ 0 ]

MASS - Debt to Equity Ratio, Last 5 years

0.21

Minimum

Jun 30, 2023

0.39

Maximum

Dec 31, 2024

0.27

Average

0.27

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 1.4 with a standard deviation of 1.31.
The following table provides additional summary stats:
D/E in the Market:
filtered constituents3.3K
min0
max6.06
average1.4
median0.98
std1.31