Adagene (ADAG) Debt Ratio (2019 - 2025)
Adagene's (ADAG) quarterly Debt Ratio came in at 23632.19 in Q4 2025, down 84.19% year-on-year from 149447.44 in Q4 2024, and up 34624091.57% on a QoQ basis from 0.07 in Q2 2025.
Adagene (ADAG) Debt Ratio (2019 - 2025) Analysis & Trends
Adagene (ADAG) has 7 years of Debt Ratio data on file, last reported at 23632.19 in Q4 2025.
- On a quarterly basis, Debt Ratio fell 84.19% year-over-year to 23632.19 in Q4 2025; TTM through Dec 2025 was 23632.19, a 84.19% decrease from a year earlier, with the FY2025 full-year figure at 23632.19, down 84.19% from the prior year.
- Debt Ratio for Q4 2025 stood at 23632.19, up from 0.07 in the prior quarter.
- Over the last five years, Debt Ratio for ADAG reached as high as 117831516847.35 in Q2 2023 and fell as low as 0.02 in Q2 2021.
- Historically, Debt Ratio has averaged 17726682365.07 across 5 years, with a median of 67579.5 in 2025.
- Across the five-year window, Debt Ratio soared 339004139106671.8% in 2022 and tumbled 100.0% in 2024, its largest moves.
- Year by year, Debt Ratio stood at 0.02 in 2021, then soared by 630762979.9% to 111526.81 in 2022, then jumped by 37.15% to 152957.41 in 2023, then decreased by 2.29% to 149447.44 in 2024, then tumbled by 84.19% to 23632.19 in 2025.
- Per Business Quant data, the three most recent Debt Ratio figures were 23632.19 in Q4 2025, 0.07 in Q2 2025, and 149447.44 in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | 1.41 |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 0.11 |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | - |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 0.05 |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Adagene | 198.85 Mn | 198.85 Mn | - | 23,632.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23,632.19 |
| Jun 30, 2025 | 0.07 |
| Dec 31, 2024 | 149,447.44 |
| Jun 30, 2024 | 0.16 |
| Dec 31, 2023 | 152,957.41 |
| Jun 30, 2023 | 117.83 Bn |
| Dec 31, 2022 | 111,526.81 |
| Jun 30, 2022 | 59.43 Bn |
| Dec 31, 2021 | 0.02 |
| Jun 30, 2021 | 0.02 |
| Dec 31, 2020 | 0.07 |
| Dec 31, 2019 | 0.02 |