Jade Biosciences (JBIO) Interest Coverage Ratio (2021 - 2024)

Jade Biosciences (JBIO) reported Interest Coverage Ratio of 98.33 for Q2 2024, up 99.52% on a YoY basis from 49.29 in Q3 2023, and up 98.8% quarter-over-quarter from 8206.0 in Q1 2024.

Jade Biosciences (JBIO) Interest Coverage Ratio (2021 - 2024) Analysis & Trends

Jade Biosciences has reported Interest Coverage Ratio for 4 years, with the latest figure at 98.33 in Q2 2024.

  • For the quarter ending Q2 2024, Interest Coverage Ratio rose 99.52% year-over-year to 98.33; the trailing twelve-month figure through Mar 2025 stood at 8134.17 (down 42.64% YoY), and the FY2023 full-year result was 15831.0, down 11449.07% from the prior year.
  • Interest Coverage Ratio for Q2 2024 stood at 98.33, up from 8206.0 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 8268.0 in Q4 2021, with the low at 20336.0 in Q2 2023.
  • Historically, Interest Coverage Ratio has averaged 5593.98 across 4 years, with a median of 2407.92 in 2022.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 898.9% — and 2024, when it jumped 99.52%.
  • Jade Biosciences' Interest Coverage Ratio stood at 8268.0 in 2021, then sank by 124.62% to 2035.83 in 2022, then slumped by 898.9% to 20336.0 in 2023, then jumped by 99.52% to 98.33 in 2024.
  • The last three Interest Coverage Ratio figures came in at 98.33 (Q2 2024), 8206.0 (Q1 2024), and 20336.0 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 3.58
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 11.50
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -258.33
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 547.67
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - 11.79
10 Jade Biosciences 973.55 Mn 973.55 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 -98.33
Mar 31, 2024 -8,206.00
Jun 30, 2023 -20,336.00
Mar 31, 2023 -17,639.00
Jun 30, 2022 -2,035.83
Dec 31, 2021 8,268.00
Jun 30, 2021 -1,924.67
Mar 31, 2021 -2,780.00