Marimed (MRMD) Debt to Equity (2012 - 2023)
Marimed (MRMD) reported Debt to Equity of $0.28 for Q3 2023, down 5.62% quarter-over-quarter from $0.3 in Q2 2023.
Marimed (MRMD) Debt to Equity (2012 - 2023) Analysis & Trends
Marimed (MRMD) has 12 years of Debt to Equity data on file, last reported at $0.28 in Q3 2023.
- Debt to Equity for Q3 2023 came in at $0.28, changed N/A year-over-year; the trailing twelve-month figure through Sep 2023 was $0.28 (changed N/A YoY), and the FY2021 annual result was $0.48, down 67.47% from the prior year.
- Debt to Equity retreated to $0.28 in Q3 2023 per MRMD's latest filing, from $0.3 in the prior quarter.
- Over five years, Debt to Equity peaked at $153.66 in Q3 2020 and troughed at -$2.84 in Q2 2020.
- A 5-year average of $9.59 and a median of $0.15 in 2021 frame the typical range for Debt to Equity.
- On a YoY basis, Debt to Equity climbed as much as 3060128.43% in 2020 and fell as far as 304992.6% in 2020.
- A 5-year view of Debt to Equity shows it stood at $0.28 in 2019, then jumped by 427.16% to $1.46 in 2020, then sank by 67.47% to $0.48 in 2021, then tumbled by 99.78% to $0.0 in 2022, then jumped by 26589.78% to $0.28 in 2023.
- Business Quant data shows MRMD's Debt to Equity at $0.28 in Q3 2023, $0.3 in Q2 2023, and $0.37 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 2.02 |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 2.80 |
| 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 | 0.61 |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 0.86 |
| 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 | 0.47 |
| 10 | Marimed | - | - | 15.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.37 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.48 |
| Sep 30, 2021 | 0.03 |
| Jun 30, 2021 | 0.08 |
| Mar 31, 2021 | 0.22 |
| Dec 31, 2020 | 1.46 |
| Sep 30, 2020 | 153.66 |
| Jun 30, 2020 | -2.84 |
| Mar 31, 2020 | -0.92 |
| Dec 31, 2019 | 0.28 |
| Sep 30, 2019 | 0.01 |
| Jun 30, 2019 | 0.00 |
| Mar 31, 2019 | 0.00 |
| Dec 31, 2018 | 0.00 |
| Jun 30, 2018 | 0.01 |
| Mar 31, 2018 | 0.01 |
| Dec 31, 2017 | 0.04 |