Adlai Nortye (ANL) Debt to Equity (2022 - 2025)
Adlai Nortye (ANL) reported Debt to Equity of -$2.95 for Q4 2025, down 385.91% year-over-year from $1.03 in Q4 2024, and down 385.91% on a QoQ basis from $1.03 in Q4 2024.
Adlai Nortye (ANL) has 4 years of Debt to Equity data on file, last reported at -$2.95 in Q4 2025.
- Quarterly Debt to Equity fell 385.91% year-over-year to -$2.95 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$2.95 (down 385.91% YoY) and the FY2025 annual result came in at -$2.95, down 385.91% from the prior year.
- Debt to Equity fell to -$2.95 in Q4 2025 per ANL's latest filing, from $1.03 in the prior quarter.
- Across five years, Debt to Equity topped out at $1.03 in Q4 2024 and bottomed at -$2.95 in Q4 2025.
- The 4-year median for Debt to Equity is $0.4 (2023), against an average of -$0.16.
- The widest annual swing landed in 2023, when Debt to Equity surged 2366.22%; it then plunged 385.91% in 2025.
- Tracing ANL's Debt to Equity over 4 years: stood at -$0.02 in 2022, then surged by 2366.22% to $0.4 in 2023, then soared by 155.41% to $1.03 in 2024, then sank by 385.91% to -$2.95 in 2025.
- Per Business Quant, the three latest ANL Debt to Equity figures stand at -$2.95 (Q4 2025), $1.03 (Q4 2024), and $0.73 (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 1,638,563.89 Bn | 1,638,563.89 Bn | - | - |
| 2 | Alterity Therapeutics | 767,934.24 Bn | 767,934.20 Bn | - | - |
| 3 | Legend Biotech | 2,937.00 Bn | 2,936.10 Bn | 242.10 Mn | - |
| 4 | Nanobiotix | 2,282.79 Bn | 2,282.72 Bn | - | - |
| 5 | Akari Therapeutics | 2,169.69 Bn | 2,169.69 Bn | - | - |
| 6 | Vertex Pharmaceuticals | 110.41 Bn | 103.16 Bn | 2.59 Bn | - |
| 7 | Regeneron Pharmaceuticals | 66.44 Bn | 57.69 Bn | 3.31 Bn | 0.06 |
| 8 | Evaxion A | 65.44 Bn | 65.42 Bn | - | - |
| 9 | Alnylam Pharmaceuticals | 39.53 Bn | 36.52 Bn | 959.66 Mn | - |
| 10 | Adlai Nortye | 23,840.00 | -8.03 Mn | - | -2.95 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.95 |
| Dec 31, 2024 | 1.03 |
| Jun 30, 2024 | 0.73 |
| Dec 31, 2023 | 0.40 |
| Dec 31, 2022 | -0.02 |