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| 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 |