Latest debt-to-equity ratio for La Jolla Pharmaceutical: -0.04 — see history and peer comparisons.
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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.
La Jolla Pharmaceutical (LJPC) currently reports a debt-to-equity ratio of -0.04. That is below the Healthcare sector average of 0.27. Use the charts on this page to explore La Jolla Pharmaceutical's debt-to-equity ratio history and peer comparisons.
La Jolla Pharmaceutical's debt-to-equity ratio of -0.04 is lower than the Healthcare sector average of 0.27. That is roughly 116.7% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The debt-to-equity ratio is a valuation multiple that relates La Jolla Pharmaceutical's market price to a fundamental measure such as earnings, sales, or book value. At -0.04, LJPC can look expensive or cheap only in context — versus its own history, growth rate, and Healthcare peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current debt-to-equity ratio of -0.04, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is 0.27. From there, open related valuation or income-statement pages for La Jolla Pharmaceutical, and consider following LJPC for alerts when major investors trade the stock.
La Jolla Pharmaceutical is classified in the Healthcare sector. On debt-to-equity ratio, it currently shows -0.04 versus a sector average near 0.27. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Healthcare are usually more informative than comparing LJPC with unrelated industries.