Neogenomics (NEO) Debt Ratio (2010 - 2020)

Neogenomics' (NEO) quarterly Debt Ratio came in at 0.13 in Q1 2020, down 25.82% YoY from 0.18 in Q2 2019, and down 4.33% on a QoQ basis from 0.14 in Q4 2019.

Neogenomics (NEO) Debt Ratio (2010 - 2020) Analysis & Trends

Neogenomics (NEO) has 11 years of Debt Ratio data on file, last reported at 0.13 in Q1 2020.

  • Quarterly Debt Ratio fell 25.82% year-over-year to 0.13 in Q1 2020, while the trailing twelve-month figure through Mar 2020 was 0.13 (down 25.82% YoY) and the FY2019 annual result came in at 0.14, down 28.02% from the prior year.
  • Debt Ratio slipped to 0.13 in Q1 2020, from 0.14 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.28 in Q2 2018 to a low of 0.13 in Q1 2020.
  • A 5-year average of 0.18 and a median of 0.19 in 2018 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2017 — Debt Ratio soared 41.67% — and 2019, when it plunged 49.78%.
  • Tracing NEO's Debt Ratio over 5 years: stood at 0.22 in 2016, then decreased by 6.81% to 0.2 in 2017, then fell by 7.19% to 0.19 in 2018, then slipped by 28.02% to 0.14 in 2019, then declined by 4.33% to 0.13 in 2020.
  • The last three Debt Ratio figures came in at 0.13 (Q1 2020), 0.14 (Q4 2019), and 0.14 (Q3 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.40
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 0.24
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.26
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.54
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 0.01
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.22
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 0.58
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.33
10 Neogenomics 2.05 Bn 1.90 Bn 91.88 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2020 0.13
Dec 31, 2019 0.14
Sep 30, 2019 0.14
Jun 30, 2019 0.14
Mar 31, 2019 0.18
Dec 31, 2018 0.19
Sep 30, 2018 0.21
Jun 30, 2018 0.28
Mar 31, 2018 0.20
Dec 31, 2017 0.20
Sep 30, 2017 0.21
Jun 30, 2017 0.21
Mar 31, 2017 0.23
Dec 31, 2016 0.22
Sep 30, 2016 0.15
Jun 30, 2016 0.15
Mar 31, 2016 0.16
Dec 31, 2015 0.17
Sep 30, 2014 0.07
Jun 30, 2014 0.05