BioXcel Therapeutics (BTAI) Debt Ratio (2018 - 2026)

BioXcel Therapeutics (BTAI) recorded quarterly Debt Ratio of 2.95 in Q1 2026, up 20.8% quarter-over-quarter from 2.44 in Q4 2025, and up 7.72% on a YoY basis from 2.74 in Q1 2025.

BioXcel Therapeutics (BTAI) Debt Ratio (2018 - 2026) Analysis & Trends

BioXcel Therapeutics' Debt Ratio history runs 9 years deep, the most recent figure standing at 2.95 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 7.72% year-over-year to 2.95; the TTM figure through Mar 2026 stood at 2.95 (up 7.72% YoY), while the FY2025 annual figure was 2.44, down 8.74% from the prior year.
  • Debt Ratio was 2.95 for Q1 2026 at BioXcel Therapeutics, up from 2.44 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 4.21 in Q2 2025 to a low of 0.0 in Q1 2022.
  • Historically, Debt Ratio has averaged 1.59 across 5 years, with a median of 1.36 in 2023.
  • The sharpest annual moves came in 2023 and 2025: Debt Ratio surged 199612.67% in 2023, then decreased 8.74% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.45 in 2022, then soared by 200.59% to 1.36 in 2023, then surged by 95.89% to 2.67 in 2024, then decreased by 8.74% to 2.44 in 2025, then advanced by 20.8% to 2.95 in 2026.
  • The last three Debt Ratio figures came in at 2.95 (Q1 2026), 2.44 (Q4 2025), and 2.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 0.42
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 0.60
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.30
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.35
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.24
10 BioXcel Therapeutics 25.46 Mn 25.46 Mn -77,000.00 2.95

Historic Data

Download Data
DateValue
Mar 31, 2026 2.95
Dec 31, 2025 2.44
Sep 30, 2025 2.44
Jun 30, 2025 4.21
Mar 31, 2025 2.74
Dec 31, 2024 2.67
Sep 30, 2024 2.14
Jun 30, 2024 1.57
Mar 31, 2024 1.23
Dec 31, 2023 1.36
Sep 30, 2023 0.99
Jun 30, 2023 0.70
Mar 31, 2023 0.53
Dec 31, 2022 0.45
Sep 30, 2022 0.38
Jun 30, 2022 0.25
Mar 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00