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| Date | Value |
|---|---|
| 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 |