Forte Biosciences (FBRX) Debt Ratio (2016 - 2020)
Forte Biosciences' (FBRX) Debt Ratio stood at 0.27 in Q1 2020, down 3.9% from 0.28 a year earlier and down 56.8% from the prior quarter.
Analysis
Forte Biosciences (FBRX) Debt Ratio (2016 - 2020) Analysis & Trends
For FY2019, Forte Biosciences' Debt Ratio came in at 0.62, up 143.7% from FY2018.
- Across earlier years, Debt Ratio came in at 0.25 in FY2018 (+116.2%), 0.12 in FY2017 (-76.2%) and 0.49 in FY2016.
- The Q1 2020 figure is the lowest quarterly Debt Ratio since Q4 2018.
- On a year-over-year basis, Debt Ratio rose in seven of the last eight quarters, with growth averaging 88.1%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 143.7% in Q4 2019, against a decline of 76.2% in Q4 2017 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.62 (Q4 2019), 0.39 (Q3 2019) and 0.31 (Q2 2019).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 0.24 |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 0.31 |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 0.00 |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 0.60 |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 0.53 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 0.31 |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | - |
| 10 | Forte Biosciences | 1.58 Bn | 1.38 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 0.27 |
| Dec 31, 2019 | 0.62 |
| Sep 30, 2019 | 0.39 |
| Jun 30, 2019 | 0.31 |
| Mar 31, 2019 | 0.28 |
| Dec 31, 2018 | 0.25 |
| Sep 30, 2018 | 0.29 |
| Jun 30, 2018 | 0.30 |
| Mar 31, 2018 | 0.12 |
| Dec 31, 2017 | 0.12 |
| Sep 30, 2017 | 0.12 |
| Jun 30, 2017 | 0.13 |
| Mar 31, 2017 | 0.46 |
| Dec 31, 2016 | 0.49 |
API Access
Forte Biosciences Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FBRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FBRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FBRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();