Forte Biosciences (FBRX) Notes Payables (2016 - 2020)
Forte Biosciences (FBRX) posted quarterly Notes Payables of $5.0 million for Q1 2020, up 126.0% year-over-year from $2.2 million in Q2 2019, and up 5.0% quarter-over-quarter from $4.7 million in Q4 2019.
Analysis
Forte Biosciences (FBRX) Notes Payables (2016 - 2020) Analysis & Trends
Forte Biosciences (FBRX) has reported Notes Payables for 5 consecutive years, with $5.0 million the latest figure, recorded in Q1 2020.
- In Q1 2020, Notes Payables rose 126.0% year-over-year to $5.0 million; the TTM figure through Mar 2020 stood at $5.0 million (up 126.0% YoY), while the FY2019 annual figure was $4.7 million, changed N/A from the prior year.
- Notes Payables rose to $5.0 million in Q1 2020 per FBRX's latest filing, from $4.7 million in the prior quarter.
- Across five years, Notes Payables topped out at $27.8 million in Q3 2019 and bottomed at $2.2 million in Q1 2019.
- Historically, Notes Payables has averaged $7.9 million across 5 years, with a median of $7.2 million in 2016.
- Annual changes were most pronounced in 2019 — Notes Payables slumped 69.39% — and 2020, when it soared 126.0%.
- Forte Biosciences' Notes Payables stood at $7.2 million in 2016, then changed by 0.0% to $7.2 million in 2017, then changed by 0.0% to $7.2 million in 2018, then slumped by 34.11% to $4.7 million in 2019, then climbed by 5.0% to $5.0 million in 2020.
- Business Quant data shows FBRX's Notes Payables at $5.0 million in Q1 2020, $4.7 million in Q4 2019, and $27.8 million in Q3 2019.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.87 Bn | 131.01 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.57 Bn | 77.57 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.51 Bn | 58.32 Bn | 1.37 Bn |
| 4 | Moderna | 58.19 Bn | 53.05 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.07 Bn | 44.07 Bn | - |
| 6 | BeOne Medicines | 39.99 Bn | 34.89 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.38 Bn | 32.07 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn |
| 10 | Forte Biosciences | 1.58 Bn | 1.23 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 4.98 Mn |
| Dec 31, 2019 | 4.74 Mn |
| Sep 30, 2019 | 27.84 Mn |
| Jun 30, 2019 | 4.41 Mn |
| Mar 31, 2019 | 2.20 Mn |
| Mar 31, 2018 | 7.20 Mn |
| Dec 31, 2017 | 7.20 Mn |
| Sep 30, 2017 | 7.20 Mn |
| Jun 30, 2017 | 7.20 Mn |
| Mar 31, 2017 | 7.20 Mn |
| Dec 31, 2016 | 7.20 Mn |