Forte Biosciences (FBRX) Debt Ratio (2016 - 2019)
Forte Biosciences (FBRX) reported 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 4 years of Debt Ratio data on file, last reported at 0.26 in Q2 2019.
- Debt Ratio for Q2 2019 came in at 0.26, down 12.69% year-over-year; the trailing twelve-month figure through Jun 2019 was 0.26 (down 12.69% YoY), and the FY2018 annual result was 0.25, up 545.6% from the prior year.
- Debt Ratio improved to 0.26 in Q2 2019 per FBRX's latest filing, from 0.25 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.3 in Q2 2018 and troughed at 0.03 in Q1 2018.
- A 4-year average of 0.19 and a median of 0.25 in 2018 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2018 and 2019: Debt Ratio sank 89.99% in 2018, then soared 917.48% in 2019.
- A 4-year view of Debt Ratio shows it stood at 0.29 in 2016, then tumbled by 86.41% to 0.04 in 2017, then soared by 545.6% to 0.25 in 2018, then rose 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 0.18 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | - |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Forte Biosciences | 70.77 Mn | 12.55 Mn | - | - |
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 |