Forte Biosciences (FBRX) Debt Ratio (2016 - 2019)
Forte Biosciences (FBRX) posted quarterly Debt Ratio of 0.26 for Q2 2019, down 12.69% year-over-year from 0.3 in Q2 2018, and up 1.65% quarter-over-quarter from 0.25 in Q1 2019.
Forte Biosciences (FBRX) Debt Ratio (2016 - 2019) Analysis & Trends
Forte Biosciences (FBRX) has reported Debt Ratio for 4 consecutive years, with 0.26 the latest figure, recorded in Q2 2019.
- In Q2 2019, Debt Ratio fell 12.69% year-over-year to 0.26; the TTM figure through Jun 2019 stood at 0.26 (down 12.69% YoY), while the FY2018 annual figure was 0.25, up 545.6% from the prior year.
- Debt Ratio advanced to 0.26 in Q2 2019 per FBRX's latest filing, from 0.25 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.3 in Q2 2018 and bottomed at 0.03 in Q1 2018.
- Historically, Debt Ratio has averaged 0.19 across 4 years, with a median of 0.25 in 2018.
- Annual changes were most pronounced in 2018 — Debt Ratio sank 89.99% — and 2019, when it soared 917.48%.
- Forte Biosciences' Debt Ratio stood at 0.29 in 2016, then plunged by 86.41% to 0.04 in 2017, then jumped by 545.6% to 0.25 in 2018, then gained by 1.91% to 0.26 in 2019.
- Business Quant data shows FBRX's Debt Ratio at 0.26 in Q2 2019, 0.25 in Q1 2019, and 0.25 in Q4 2018.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | - |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 0.12 |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | - |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 0.47 |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | - |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 0.26 |
| 10 | Forte Biosciences | 1.63 Bn | 1.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 0.26 |
| Mar 31, 2019 | 0.25 |
| Dec 31, 2018 | 0.25 |
| Sep 30, 2018 | 0.29 |
| Jun 30, 2018 | 0.30 |
| Mar 31, 2018 | 0.03 |
| Dec 31, 2017 | 0.04 |
| Sep 30, 2017 | 0.05 |
| Jun 30, 2017 | 0.06 |
| Mar 31, 2017 | 0.25 |
| Dec 31, 2016 | 0.29 |