Heron Therapeutics (HRTX) Debt Ratio (2011 - 2026)
Heron Therapeutics' (HRTX) quarterly Debt Ratio came in at 0.43 in Q2 2026, down 33.23% on a YoY basis from 0.65 in Q2 2025, and down 2.02% quarter-over-quarter from 0.44 in Q1 2026.
Analysis
Heron Therapeutics (HRTX) Debt Ratio (2011 - 2026) Analysis & Trends
Heron Therapeutics (HRTX) has reported Debt Ratio for 15 consecutive years, with 0.43 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 33.23% year-over-year to 0.43; the trailing twelve-month figure through Jun 2026 stood at 0.43 (down 33.23% YoY), and the FY2025 full-year result was 0.42, up 292.85% from the prior year.
- Debt Ratio eased to 0.43 in Q2 2026 per HRTX's latest filing, from 0.44 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.65 in Q2 2025 and bottomed at 0.1 in Q3 2023.
- Historically, Debt Ratio has averaged 0.26 across 4 years, with a median of 0.11 in 2024.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio surged 471.56% in 2025, then plunged 33.23% in 2026.
- Over 4 years, Debt Ratio stood at 0.11 in 2023, then retreated by 1.56% to 0.11 in 2024, then surged by 292.85% to 0.42 in 2025, then grew by 2.21% to 0.43 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.43, 0.44, and 0.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn | 0.66 |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn | 0.58 |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn | - |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn | 0.05 |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn | - |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn | 0.05 |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn | - |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn | 0.25 |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn | 0.26 |
| 10 | Heron Therapeutics | 64.55 Mn | 21.89 Mn | 26.09 Mn | 0.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.10 |
| Mar 31, 2021 | 0.02 |
| Dec 31, 2020 | 0.02 |
| Sep 30, 2020 | 0.02 |
| Jun 30, 2020 | 0.01 |
| Mar 31, 2020 | 0.01 |
| Dec 31, 2019 | 0.01 |
| Sep 30, 2019 | 0.01 |
| Jun 30, 2019 | 0.01 |