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

BioXcel Therapeutics' (BTAI) quarterly Debt Ratio came in at 2.95 in Q1 2026, up 7.72% year-on-year from 2.74 in Q1 2025, and up 20.8% quarter-over-quarter from 2.44 in Q4 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.

  • On a quarterly basis, Debt Ratio rose 7.72% year-over-year to 2.95 in Q1 2026; TTM through Mar 2026 was 2.95, a 7.72% increase from a year earlier, with the FY2025 full-year figure at 2.44, down 8.74% from the prior year.
  • Debt Ratio improved to 2.95 in Q1 2026 per BTAI's latest filing, from 2.44 in the prior quarter.
  • Across five years, Debt Ratio topped out at 4.21 in Q2 2025 and bottomed at 0.0 in Q1 2022.
  • The 5-year median for Debt Ratio is 1.36 (2023), against an average of 1.59.
  • Across the five-year window, Debt Ratio jumped 199612.67% in 2023 and dropped 8.74% in 2025, its largest moves.
  • Year by year, Debt Ratio 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.
  • Per Business Quant, the three latest BTAI Debt Ratio figures stand at 2.95 (Q1 2026), 2.44 (Q4 2025), and 2.44 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - 0.26
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 0.42
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 0.60
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 0.29
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn -
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 0.10
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 0.39
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn -
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 0.29
10 BioXcel Therapeutics 10.62 Mn 10.62 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