Eterna Debt To Equity from 2010 to 2024

ERNA Stock  USD 1.92  0.05  2.54%   
Eterna Therapeutics' Debt To Equity is increasing over the years with slightly volatile fluctuation. Overall, Debt To Equity is expected to go to 4.23 this year. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
4.0255262
Current Value
4.23
Quarterly Volatility
1.14780147
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eterna Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eterna Therapeutics' main balance sheet or income statement drivers, such as Total Revenue of 64.6 K, Other Operating Expenses of 20 M or Total Operating Expenses of 19.2 M, as well as many indicators such as Price To Sales Ratio of 133, Dividend Yield of 0.0016 or PTB Ratio of 6.28. Eterna financial statements analysis is a perfect complement when working with Eterna Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Eterna Therapeutics Correlation against competitors.
For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide.

Latest Eterna Therapeutics' Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Eterna Therapeutics over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Eterna Therapeutics' Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eterna Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.19 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Eterna Debt To Equity Regression Statistics

Arithmetic Mean1.42
Geometric Mean1.12
Coefficient Of Variation80.69
Mean Deviation0.72
Median1.19
Standard Deviation1.15
Sample Variance1.32
Range3.8882
R-Value0.40
Mean Square Error1.20
R-Squared0.16
Significance0.14
Slope0.10
Total Sum of Squares18.44

Eterna Debt To Equity History

2024 4.23
2023 4.03
2022 0.34
2021 0.42
2020 0.38

About Eterna Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eterna Therapeutics income statement, its balance sheet, and the statement of cash flows. Eterna Therapeutics investors use historical funamental indicators, such as Eterna Therapeutics's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Eterna Therapeutics investors may use each financial statement separately, they are all related. The changes in Eterna Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eterna Therapeutics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eterna Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eterna Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 4.03  4.23 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Eterna Stock

When determining whether Eterna Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eterna Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eterna Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eterna Therapeutics Stock:
Check out the analysis of Eterna Therapeutics Correlation against competitors.
For information on how to trade Eterna Stock refer to our How to Trade Eterna Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eterna Therapeutics. If investors know Eterna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eterna Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.25)
Revenue Per Share
0.013
Return On Assets
(0.36)
Return On Equity
(3.02)
The market value of Eterna Therapeutics is measured differently than its book value, which is the value of Eterna that is recorded on the company's balance sheet. Investors also form their own opinion of Eterna Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Eterna Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eterna Therapeutics' market value can be influenced by many factors that don't directly affect Eterna Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eterna Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eterna Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eterna Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.