Cidara Therapeutics (CDTX) Debt Ratio: 2017-2022

Historic Debt Ratio for Cidara Therapeutics (CDTX) over the last 5 years, with Jun 2022 value amounting to 0.01.

  • Cidara Therapeutics' Debt Ratio fell 87.54% to 0.01 in Q2 2022 from the same period last year, while for Jun 2022 it was 0.01, marking a year-over-year decrease of 87.54%. This contributed to the annual value of 0.03 for FY2021, which is 70.41% down from last year.
  • Latest data reveals that Cidara Therapeutics reported Debt Ratio of 0.01 as of Q2 2022, which was down 65.02% from 0.03 recorded in Q1 2022.
  • In the past 5 years, Cidara Therapeutics' Debt Ratio registered a high of 0.19 during Q2 2019, and its lowest value of 0.01 during Q2 2022.
  • Moreover, its 3-year median value for Debt Ratio was 0.09 (2021), whereas its average is 0.08.
  • Per our database at Business Quant, Cidara Therapeutics' Debt Ratio spiked by 34.58% in 2019 and then crashed by 87.54% in 2022.
  • Over the past 5 years, Cidara Therapeutics' Debt Ratio (Quarterly) stood at 0.13 in 2018, then increased by 15.12% to 0.14 in 2019, then fell by 19.55% to 0.12 in 2020, then tumbled by 70.41% to 0.03 in 2021, then crashed by 87.54% to 0.01 in 2022.
  • Its Debt Ratio was 0.01 in Q2 2022, compared to 0.03 in Q1 2022 and 0.03 in Q4 2021.