Forte Biosciences (FBRX) Debt Ratio (2016 - 2019)

Forte Biosciences' (FBRX) quarterly Debt Ratio came in at 0.26 in Q2 2019, down 12.69% year-on-year from 0.3 in Q2 2018, and up 1.65% on a QoQ basis from 0.25 in Q1 2019.

Forte Biosciences (FBRX) Debt Ratio (2016 - 2019) Analysis & Trends

Forte Biosciences (FBRX) has 4 years of Debt Ratio data on file, last reported at 0.26 in Q2 2019.

  • On a quarterly basis, Debt Ratio fell 12.69% year-over-year to 0.26 in Q2 2019; TTM through Jun 2019 was 0.26, a 12.69% decrease from a year earlier, with the FY2018 full-year figure at 0.25, up 545.6% from the prior year.
  • Debt Ratio for Q2 2019 stood at 0.26, up from 0.25 in the prior quarter.
  • Over the last five years, Debt Ratio for FBRX reached as high as 0.3 in Q2 2018 and fell as low as 0.03 in Q1 2018.
  • Historically, Debt Ratio has averaged 0.19 across 4 years, with a median of 0.25 in 2018.
  • Across the five-year window, Debt Ratio tumbled 89.99% in 2018 and jumped 917.48% in 2019, its largest moves.
  • Year by year, Debt Ratio stood at 0.29 in 2016, then plunged by 86.41% to 0.04 in 2017, then soared by 545.6% to 0.25 in 2018, then climbed by 1.91% to 0.26 in 2019.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.26 in Q2 2019, 0.25 in Q1 2019, and 0.25 in Q4 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - 1.41
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 0.11
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 0.05
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Forte Biosciences 174.08 Mn 115.88 Mn - -

Historic Data

Download Data
DateValue
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