Forte Biosciences (FBRX) Interest Coverage Ratio (2016 - 2020)

Forte Biosciences (FBRX) reported Interest Coverage Ratio of 2.68 for Q1 2020, up 88.02% year-over-year from 1.43 in Q2 2019, and up 43.43% quarter-over-quarter from 4.74 in Q4 2019.

Forte Biosciences (FBRX) Interest Coverage Ratio (2016 - 2020) Analysis & Trends

Forte Biosciences (FBRX) has 5 years of Interest Coverage Ratio data on file, last reported at 2.68 in Q1 2020.

  • Interest Coverage Ratio for Q1 2020 came in at 2.68, up 88.02% year-over-year; the trailing twelve-month figure through Dec 2020 was 61.22 (down 1084.53% YoY), and the FY2019 annual result was 1.06, up 93.2% from the prior year.
  • Interest Coverage Ratio grew to 2.68 in Q1 2020 per FBRX's latest filing, from 4.74 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 1.92 in Q3 2018 and troughed at 36.81 in Q1 2018.
  • A 5-year average of 14.62 and a median of 15.04 in 2016 frame the typical range for Interest Coverage Ratio.
  • On a YoY basis, Interest Coverage Ratio climbed as much as 108.49% in 2018 and fell as far as 165.1% in 2018.
  • A 5-year view of Interest Coverage Ratio shows it stood at 14.96 in 2016, then tumbled by 82.72% to 27.33 in 2017, then advanced by 6.29% to 25.61 in 2018, then surged by 81.5% to 4.74 in 2019, then surged by 43.43% to 2.68 in 2020.
  • Business Quant data shows FBRX's Interest Coverage Ratio at 2.68 in Q1 2020, 4.74 in Q4 2019, and 0.35 in Q3 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (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 3.58
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 11.50
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -258.33
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 547.67
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - 11.79
10 Forte Biosciences 70.77 Mn 12.55 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2020 -2.68
Dec 31, 2019 -4.74
Sep 30, 2019 -0.35
Jun 30, 2019 -0.82
Mar 31, 2019 -22.38
Dec 31, 2018 -25.61
Sep 30, 2018 1.92
Jun 30, 2018 -14.02
Mar 31, 2018 -36.81
Dec 31, 2017 -27.33
Sep 30, 2017 -22.64
Jun 30, 2017 -17.48
Mar 31, 2017 -13.88
Dec 31, 2016 -14.96
Sep 30, 2016 -16.69
Jun 30, 2016 -15.09
Mar 31, 2016 -15.04