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
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