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| Date | Value |
|---|---|
| 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 |