Neurocrine Biosciences (NBIX) Debt Ratio (2018 - 2024)
Neurocrine Biosciences (NBIX) reported Debt Ratio of 0.04 for Q1 2024, down 32.4% quarter-over-quarter from 0.05 in Q4 2023.
Neurocrine Biosciences (NBIX) Debt Ratio (2018 - 2024) Analysis & Trends
Neurocrine Biosciences has reported Debt Ratio for 6 years, with the latest figure at 0.04 in Q1 2024.
- For the quarter ending Q1 2024, Debt Ratio changed N/A year-over-year to 0.04; the trailing twelve-month figure through Mar 2024 stood at 0.04 (changed N/A YoY), and the FY2023 full-year result was 0.05, down 26.85% from the prior year.
- Debt Ratio for Q1 2024 stood at 0.04, down from 0.05 in the prior quarter.
- The five-year high for Debt Ratio was 0.28 in Q3 2020, with the low at 0.04 in Q1 2024.
- Historically, Debt Ratio has averaged 0.12 across 4 years, with a median of 0.07 in 2022.
- The largest YoY upside for Debt Ratio was 24.43% in 2023 against a maximum downside of 26.85% in 2023.
- Neurocrine Biosciences' Debt Ratio stood at 0.28 in 2020, then sank by 74.72% to 0.07 in 2022, then decreased by 26.85% to 0.05 in 2023, then sank by 32.4% to 0.04 in 2024.
- The last three Debt Ratio figures came in at 0.04 (Q1 2024), 0.05 (Q4 2023), and 0.06 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 0.42 |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 0.60 |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | - |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 0.01 |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | - |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 0.30 |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 0.35 |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 0.24 |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | - |
| 10 | Liquidia | 5.63 Bn | 5.40 Bn | 121.79 Mn | - |
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 |