180 Life Sciences Debt/Equity
What is the Debt/Equity of 180 Life Sciences?
The Debt/Equity of 180 Life Sciences Corp. is -42.18
What is the definition of Debt/Equity?
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Debt/Equity of companies in the Health Care sector on NASDAQ compared to 180 Life Sciences
What does 180 Life Sciences do?
180 Life Sciences Corp., a clinical-stage biotechnology company, engages in the development of novel drugs for unmet medical needs in chronic pain, inflammation, inflammatory diseases, and fibrosis. Its product development platforms in Phase IIb/III clinical trials include Fibrosis and anti-tumour necrosis factor (Anti-TNF) platform, which focuses on fibrosis and Anti-TNF; Synthetic Cannabidiol (CBD) Analogs platform, which are man-made derivatives of CBD; and a7nAChR platform, which focuses on alpha 7 nicotinic acetylcholine receptor. The company was incorporated in 2016 and is headquartered in Palo Alto, California.
Companies with debt/equity similar to 180 Life Sciences
- American Eagle Gold has Debt/Equity of -44.07
- The Home Depot has Debt/Equity of -43.38
- MPower has Debt/Equity of -43.19
- GMR Infrastructure has Debt/Equity of -43.03
- Hampton has Debt/Equity of -42.84
- MRO-TEK Realty has Debt/Equity of -42.65
- 180 Life Sciences has Debt/Equity of -42.18
- Aon plc has Debt/Equity of -42.01
- Masco has Debt/Equity of -41.64
- BlueBird Battery Metals has Debt/Equity of -40.30
- Huntsman Exploration Inc has Debt/Equity of -40.30
- Huntsman Exploration Inc has Debt/Equity of -40.30
- Fantasia Co has Debt/Equity of -39.39