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
DateValue
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