CareDx (CDNA) Debt Ratio (2013 - 2018)

CareDx (CDNA) posted Debt Ratio of 0.15 for Q3 2018, down 12.34% sequentially from 0.17 in Q2 2018, and down 69.62% YoY from 0.48 in Q3 2017.

CareDx (CDNA) Debt Ratio (2013 - 2018) Analysis & Trends

CareDx has reported Debt Ratio for 6 years, with the latest figure at 0.15 in Q3 2018.

  • Quarterly Debt Ratio fell 69.62% year-over-year to 0.15 in Q3 2018, while the trailing twelve-month figure through Sep 2018 was 0.15 (down 69.62% YoY) and the FY2017 annual result came in at 0.41, up 30.61% from the prior year.
  • Debt Ratio slipped to 0.15 in Q3 2018 per CDNA's latest filing, from 0.17 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.55 in Q2 2014 and troughed at 0.04 in Q1 2018.
  • A 5-year average of 0.28 and a median of 0.27 in 2016 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2017 and 2018: Debt Ratio surged 478.86% in 2017, then plunged 91.01% in 2018.
  • Over 5 years, Debt Ratio stood at 0.19 in 2014, then surged by 51.69% to 0.28 in 2015, then increased by 10.21% to 0.31 in 2016, then soared by 30.61% to 0.41 in 2017, then sank by 64.09% to 0.15 in 2018.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.15, 0.17, and 0.04 for Q3 2018, Q2 2018, and Q1 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.40
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 0.24
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.26
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.54
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 0.01
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.22
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 0.58
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.33
10 CareDx 2.35 Bn 1.98 Bn 116.03 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2018 0.15
Jun 30, 2018 0.17
Mar 31, 2018 0.04
Dec 31, 2017 0.41
Sep 30, 2017 0.48
Jun 30, 2017 0.44
Mar 31, 2017 0.40
Dec 31, 2016 0.31
Sep 30, 2016 0.08
Jun 30, 2016 0.28
Mar 31, 2016 0.32
Dec 31, 2015 0.28
Sep 30, 2015 0.26
Jun 30, 2015 0.26
Mar 31, 2015 0.25
Dec 31, 2014 0.19
Sep 30, 2014 0.20
Jun 30, 2014 0.55
Dec 31, 2013 1.56