Kyntra Bio Debt-to-Equity Ratio Growth & History (KYNB)

Kyntra Bio's debt-to-equity ratio was 0.48 for fiscal 2021.

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Kyntra Bio annual debt-to-equity ratio history

Kyntra Bio annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20212021-12-310.480.38+406.32%
20202020-12-310.09−0.01−6.31%
20192019-12-310.100.10
20182018-12-310.00−0.18
20172017-12-310.18−0.44−70.39%
20162016-12-310.62

Kyntra Bio debt-to-equity ratio trends

Over the last five fiscal years, Kyntra Bio's debt-to-equity ratio decreased from 0.62 to 0.48, a change of −0.15. The latest reported quarter, Q3 2022, shows 3.52.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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