Heron Therapeutics (HRTX) Debt Ratio (2016 - 2026)

Heron Therapeutics (HRTX) reported Debt Ratio of 0.44 for Q1 2026, up 311.31% on a YoY basis from 0.11 in Q1 2025, and up 4.32% quarter-over-quarter from 0.42 in Q4 2025.

Heron Therapeutics (HRTX) Debt Ratio (2016 - 2026) Analysis & Trends

Heron Therapeutics has reported Debt Ratio for 6 years, with the latest figure at 0.44 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 311.31% year-over-year to 0.44; the trailing twelve-month figure through Mar 2026 stood at 0.44 (up 311.31% YoY), and the FY2025 full-year result was 0.42, up 292.85% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.44, up from 0.42 in the prior quarter.
  • The five-year high for Debt Ratio was 0.44 in Q1 2026, with the low at 0.1 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.21 across 4 years, with a median of 0.11 in 2024.
  • Annual changes were most pronounced in 2025 — Debt Ratio dropped 4.68% — and 2026, when it soared 311.31%.
  • Heron Therapeutics' Debt Ratio stood at 0.11 in 2023, then declined by 1.56% to 0.11 in 2024, then soared by 292.85% to 0.42 in 2025, then advanced by 4.32% to 0.44 in 2026.
  • The last three Debt Ratio figures came in at 0.44 (Q1 2026), 0.42 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - -
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - -
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - -
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn 0.18
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - -
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -
7 Psyence Biomedical 251.43 Bn 251.42 Bn - -
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn -
9 Abivax 94.37 Bn 94.37 Bn - -
10 Heron Therapeutics 85.57 Mn 55.60 Mn 24.07 Mn 0.44

Historic Data

Download Data
DateValue
Mar 31, 2026 0.44
Dec 31, 2025 0.42
Sep 30, 2025 0.43
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
Dec 31, 2017 0.11
Sep 30, 2017 0.21
Jun 30, 2017 0.18
Mar 31, 2017 0.26
Dec 31, 2016 0.74
Sep 30, 2016 0.51