HCW Biologics (HCWB) Debt Ratio (2022 - 2026)
HCW Biologics' Debt Ratio came in at 0.25 for Q2 2026, down 44.3% from 0.44 a year earlier but up 1.9% from the prior quarter.
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Analysis
HCW Biologics (HCWB) Debt Ratio (2022 - 2026) Analysis & Trends
For FY2025, HCW Biologics' Debt Ratio was 0.28, down 33.4% from FY2024.
- Going back by year, Debt Ratio was 0.42 in FY2024 (+88.7%), 0.22 in FY2023 (-73.0%) and 0.82 in FY2022.
- The five-year range for quarterly Debt Ratio is 0.13 (Q3 2022) to 0.82 (Q4 2022).
- Year-over-year, Debt Ratio has declined for four consecutive quarters, with growth averaging 24.5% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2024 (growth of 168.2%), and the weakest in Q4 2023 (a decline of 73.0%).
- Business Quant data shows HCWB's Debt Ratio at 0.24 (Q1 2026), 0.28 (Q4 2025) and 0.28 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 0.33 |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 0.23 |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 0.55 |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 0.41 |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | -0.06 |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 0.56 |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | 0.51 |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 0.31 |
| 10 | HCW Biologics | 1.02 Mn | -4.00 Mn | -93,887.00 | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.42 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.82 |
| Sep 30, 2022 | 0.13 |
API Access
HCW Biologics 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=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HCWB", "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=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();