Neurocrine Biosciences (NBIX) Debt Ratio (2018 - 2024)
Neurocrine Biosciences (NBIX) posted Debt Ratio of 0.04 for Q1 2024, down 32.4% on a QoQ basis from 0.05 in Q4 2023.
Neurocrine Biosciences (NBIX) Debt Ratio (2018 - 2024) Analysis & Trends
Neurocrine Biosciences' Debt Ratio history runs 6 years deep, the most recent figure standing at 0.04 for Q1 2024.
- Quarterly Debt Ratio changed N/A year-over-year to 0.04 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.04 (changed N/A YoY) and the FY2023 annual result came in at 0.05, down 26.85% from the prior year.
- Debt Ratio was 0.04 for Q1 2024 at Neurocrine Biosciences, down from 0.05 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.28 in Q3 2020 and bottomed at 0.04 in Q1 2024.
- A 4-year average of 0.12 and a median of 0.07 in 2022 frame the typical range for Debt Ratio.
- Peak annual rise in Debt Ratio reached 24.43% in 2023, while the deepest fall reached 26.85% in 2023.
- Neurocrine Biosciences' Debt Ratio stood at 0.28 in 2020, then tumbled by 74.72% to 0.07 in 2022, then dropped by 26.85% to 0.05 in 2023, then tumbled by 32.4% to 0.04 in 2024.
- Business Quant data shows NBIX's Debt Ratio at 0.04 in Q1 2024, 0.05 in Q4 2023, and 0.06 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | 0.26 |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 0.42 |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 0.60 |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 0.29 |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | - |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | 0.10 |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 0.39 |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | - |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 0.29 |
| 10 | Vireo Growth | 10.57 Bn | 10.41 Bn | 59.30 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.06 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.08 |
| Sep 30, 2020 | 0.28 |
| Jun 30, 2020 | 0.28 |
| Dec 31, 2019 | 0.31 |
| Sep 30, 2018 | 0.41 |