Liquidia (LQDA) Debt Ratio (2019 - 2026)
Liquidia's Debt Ratio was 0.23 in Q2 2026, down 59.7% from 0.58 a year earlier and down 26.4% from the prior quarter.
Analysis
Liquidia (LQDA) Debt Ratio (2019 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Liquidia came in at 0.41, down 2.0% from FY2024.
- In earlier years, Debt Ratio was 0.41 in FY2024 (+12.7%), 0.37 in FY2023 (+138.5%), 0.15 in FY2022 (+38.5%) and 0.11 in FY2021 (+7.4%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q4 2022.
- Compared with a year earlier, Debt Ratio has declined for three straight quarters, with growth averaging 0.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2023 (growth of 153.3%); the worst was Q2 2026 (a decline of 59.7%).
- Per Business Quant data, LQDA's Debt Ratio in the three quarters before Q2 2026 was 0.32 (Q1 2026), 0.41 (Q4 2025) and 0.49 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 0.24 |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 0.31 |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 0.00 |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 0.60 |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 0.53 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 0.31 |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | - |
| 10 | Liquidia | 6.30 Bn | 5.44 Bn | 160.13 Mn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.49 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.38 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.10 |
API Access
Liquidia 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=LQDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LQDA", "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=LQDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();