Marimed (MRMD) Debt Ratio (2012 - 2023)
Marimed (MRMD) reported Debt Ratio of 0.12 for Q3 2023, down 7.55% quarter-over-quarter from 0.13 in Q2 2023.
Marimed (MRMD) Debt Ratio (2012 - 2023) Analysis & Trends
Marimed (MRMD) has 12 years of Debt Ratio data on file, last reported at 0.12 in Q3 2023.
- Debt Ratio for Q3 2023 came in at 0.12, changed N/A year-over-year; the trailing twelve-month figure through Sep 2023 was 0.12 (changed N/A YoY), and the FY2021 annual result was 0.14, down 9.54% from the prior year.
- Debt Ratio eased to 0.12 in Q3 2023 per MRMD's latest filing, from 0.13 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.19 in Q2 2020 and troughed at 0.0 in Q1 2022.
- A 5-year average of 0.08 and a median of 0.08 in 2020 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio sank 99.07% in 2022, then jumped 38825.76% in 2023.
- A 5-year view of Debt Ratio shows it stood at 0.03 in 2019, then surged by 443.47% to 0.15 in 2020, then slipped by 9.54% to 0.14 in 2021, then sank by 99.76% to 0.0 in 2022, then surged by 35005.45% to 0.12 in 2023.
- Business Quant data shows MRMD's Debt Ratio at 0.12 in Q3 2023, 0.13 in Q2 2023, and 0.13 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 0.42 |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 0.60 |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 0.01 |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 0.30 |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 0.35 |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 0.24 |
| 10 | Marimed | - | - | 15.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.13 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.04 |
| Dec 31, 2020 | 0.15 |
| Sep 30, 2020 | 0.18 |
| Jun 30, 2020 | 0.19 |
| Mar 31, 2020 | 0.12 |
| Dec 31, 2019 | 0.03 |
| Sep 30, 2019 | 0.00 |
| Jun 30, 2019 | 0.00 |
| Mar 31, 2019 | 0.00 |
| Dec 31, 2018 | 0.00 |
| Jun 30, 2018 | 0.00 |
| Mar 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |