C4 Therapeutics (CCCC) Debt Ratio (2020 - 2023)

C4 Therapeutics (CCCC) recorded quarterly Debt Ratio of 0.03 in Q2 2023, little changed quarter-over-quarter from 0.03 in Q1 2023, and up 22.03% on a YoY basis from 0.02 in Q2 2022.

C4 Therapeutics (CCCC) Debt Ratio (2020 - 2023) Analysis & Trends

C4 Therapeutics' Debt Ratio history runs 4 years deep, the most recent figure standing at 0.03 for Q2 2023.

  • In Q2 2023, Debt Ratio rose 22.03% year-over-year to 0.03; the TTM figure through Jun 2023 stood at 0.03 (up 22.03% YoY), while the FY2022 annual figure was 0.03, up 25.42% from the prior year.
  • Debt Ratio was 0.03 for Q2 2023 at C4 Therapeutics, roughly flat from 0.03 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.04 in Q3 2020 to a low of 0.02 in Q2 2021.
  • Historically, Debt Ratio has averaged 0.03 across 4 years, with a median of 0.02 in 2020.
  • The sharpest annual moves came in 2021 and 2023: Debt Ratio slumped 51.64% in 2021, then gained 29.73% in 2023.
  • A 4-year view of Debt Ratio shows it stood at 0.03 in 2020, then retreated by 15.42% to 0.02 in 2021, then climbed by 25.42% to 0.03 in 2022, then rose by 3.41% to 0.03 in 2023.
  • The last three Debt Ratio figures came in at 0.03 (Q2 2023), 0.03 (Q1 2023), and 0.03 (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.18
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 C4 Therapeutics 520.69 Mn 285.02 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 0.03
Mar 31, 2023 0.03
Dec 31, 2022 0.03
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.02
Dec 31, 2021 0.02
Sep 30, 2021 0.02
Jun 30, 2021 0.02
Mar 31, 2021 0.03
Dec 31, 2020 0.03
Sep 30, 2020 0.04