Valuation check: ALEC's debt-to-equity ratio is -3.29, below the Healthcare sector average of 0.3.
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Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.
As of the most recent data, ALEC shows a debt-to-equity ratio of -3.29. That is below the Healthcare sector average of 0.3. Scroll down for historical charts and peer comparison views.
The Healthcare sector average debt-to-equity ratio is about 0.3. Alector is at -3.29, which is lower that average. That is roughly 1192.0% below the sector mean. Use the comparison chart on this page to see how ALEC stacks up against individual peers as well.
Investors watch ALEC's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Alector's latest reading is -3.29. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this debt-to-equity ratio page, Stockcircle has Alector's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently -3.29) with ownership activity and broader fundamentals.
The Healthcare average debt-to-equity ratio is about 0.3, while ALEC is at -3.29. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.