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
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