Aquestive Therapeutics (AQST) Debt Ratio (2017 - 2026)
Aquestive Therapeutics' (AQST) Debt Ratio was 0.38 for Q2 2026, up 2.7% from 0.37 a year earlier and up 39.7% from the prior quarter.
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Analysis
Aquestive Therapeutics (AQST) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Aquestive Therapeutics was 0.23, down 27.1% from FY2024.
- Debt Ratio has declined for three consecutive years.
- By year, Debt Ratio came in at 0.32 in FY2024 (-33.1%), 0.48 in FY2023 (-47.5%), 0.91 in FY2022 (+5.7%) and 0.86 in FY2021 (+47.3%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q4 2023.
- Year over year, Debt Ratio gained in three of the last eight quarters, with an average decline of 7.3%.
- The high point for year-over-year Debt Ratio in five years was Q3 2022 (growth of 64.9%); the low point was Q1 2024 (a decline of 67.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.27 (Q1 2026), 0.23 (Q4 2025) and 0.22 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 0.24 |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 0.31 |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 0.00 |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 0.60 |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 0.53 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 0.31 |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | - |
| 10 | Aquestive Therapeutics | 586.14 Mn | 126.68 Mn | 9.80 Mn | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 1.02 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 0.96 |
| Dec 31, 2021 | 0.86 |
| Sep 30, 2021 | 0.62 |
API Access
Aquestive Therapeutics 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=AQST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AQST", "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=AQST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();