Adagene (ADAG) Debt Ratio (2019 - 2026)
Adagene's (ADAG) Debt Ratio stood at 0.04 in the quarter ended Jun 30, 2026, down 57.0% from 0.10 a year earlier.
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Analysis
Adagene (ADAG) Debt Ratio (2019 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Adagene's Debt Ratio came in at 0.08, down 61.7% from the prior year.
- Across earlier years, Debt Ratio came in at 0.20 in the year ended Dec 31, 2024 (+7.6%), 0.19 in the year ended Dec 31, 2023 (+4.0%), 0.18 in the year ended Dec 31, 2022 (+361.0%) and 0.04 in the year ended Dec 31, 2021 (-58.3%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Debt Ratio since the quarter ended Dec 31, 2021.
- On a year-over-year basis, Debt Ratio rose in 1 of the last four quarters, with an average decline of 40.5%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 361.0% in the quarter ended Dec 31, 2022, against a decline of 61.7% in the quarter ended Dec 31, 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 0.39 |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 0.24 |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 0.52 |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 0.42 |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 0.08 |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 0.28 |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 0.60 |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 0.53 |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 0.31 |
| 10 | Adagene | 114.23 Mn | -236.23 Mn | - | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Dec 31, 2025 | 0.08 |
| Jun 30, 2025 | 0.10 |
| Dec 31, 2024 | 0.20 |
| Jun 30, 2024 | 0.20 |
| Dec 31, 2023 | 0.19 |
| Jun 30, 2023 | 0.18 |
| Dec 31, 2022 | 0.18 |
| Jun 30, 2022 | 0.09 |
| Dec 31, 2021 | 0.04 |
| Jun 30, 2021 | 0.04 |
| Dec 31, 2020 | 0.09 |
| Dec 31, 2019 | 0.02 |
API Access
Adagene Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ADAG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ADAG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ADAG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();