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