Codexis (CDXS) Debt Ratio (2017 - 2026)
Codexis' Debt Ratio came in at 0.34 for Q2 2026, up 19.5% from 0.28 a year earlier and up 8.8% from the prior quarter.
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Analysis
Codexis (CDXS) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Codexis' Debt Ratio was 0.27, up 39.9% from FY2024.
- Going back by year, Debt Ratio was 0.19 in FY2024.
- The Q2 2026 figure represents the highest quarterly Debt Ratio in data going back to Q1 2017.
- Year-over-year, Debt Ratio has increased for six consecutive quarters, with growth averaging 36.1% over the last six quarters.
- Business Quant data shows CDXS's Debt Ratio at 0.31 (Q1 2026), 0.27 (Q4 2025) and 0.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 260.30 Bn | 239.33 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 170.90 Bn | 141.33 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 164.81 Bn | 148.62 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 152.46 Bn | 131.89 Bn | 1.96 Bn | - |
| 5 | Medtronic | 119.28 Bn | 84.53 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 112.91 Bn | 99.03 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 64.87 Bn | 59.63 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 53.24 Bn | 50.39 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 50.42 Bn | 34.43 Bn | 1.35 Bn | 0.04 |
| 10 | Codexis | 116.59 Mn | -140.46 Mn | 11.40 Mn | 0.34 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 0.19 |
| Sep 30, 2018 | 0.00 |
| Jun 30, 2018 | 0.00 |
| Mar 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |
| Sep 30, 2017 | 0.01 |
| Jun 30, 2017 | 0.01 |
| Mar 31, 2017 | 0.01 |
API Access
Codexis Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CDXS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CDXS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CDXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();