Neurocrine Biosciences (NBIX) Debt Ratio (2018 - 2024)
Neurocrine Biosciences' (NBIX) quarterly Debt Ratio came in at 0.04 in Q1 2024, down 32.4% quarter-over-quarter from 0.05 in Q4 2023.
Analysis
Neurocrine Biosciences (NBIX) Debt Ratio (2018 - 2024) Analysis & Trends
Neurocrine Biosciences (NBIX) has reported Debt Ratio for 6 consecutive years, with 0.04 the latest figure, recorded 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 fell to 0.04 in Q1 2024 per NBIX's latest filing, 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.
- Historically, Debt Ratio has averaged 0.12 across 4 years, with a median of 0.07 in 2022.
- The widest YoY moves for Debt Ratio: up 24.43% in 2023, down 26.85% in 2023.
- Over 4 years, 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.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.04, 0.05, and 0.06 for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.46 Bn | 622.70 Bn | 17.26 Bn | 0.30 |
| 2 | AbbVie | 440.39 Bn | 433.82 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 364.93 Bn | 357.79 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 266.64 Bn | 258.95 Bn | 11.24 Bn | 0.08 |
| 5 | Pfizer | 158.92 Bn | 147.22 Bn | 10.94 Bn | 0.31 |
| 6 | Sanofi | 52.46 Bn | 45.08 Bn | 10.79 Bn | 0.17 |
| 7 | Revolution Medicines | 44.36 Bn | 44.36 Bn | - | - |
| 8 | Incyte | 25.34 Bn | 20.81 Bn | 1.57 Bn | 0.00 |
| 9 | United Therapeutics | 21.44 Bn | 18.77 Bn | 683.80 Mn | - |
| 10 | Neurocrine Biosciences | 15.51 Bn | 15.12 Bn | 935.80 Mn | - |
Historic Data
Download Data
Historic 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 |