Northwest Biotherapeutics (NWBO) Debt Ratio (2010 - 2026)

Northwest Biotherapeutics' (NWBO) quarterly Debt Ratio came in at 0.09 in Q1 2026, down 85.04% year-on-year from 0.6 in Q1 2025, and down 66.36% quarter-over-quarter from 0.27 in Q4 2025.

Northwest Biotherapeutics (NWBO) Debt Ratio (2010 - 2026) Analysis & Trends

Northwest Biotherapeutics' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.09 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 85.04% year-over-year to 0.09 in Q1 2026; TTM through Mar 2026 was 0.09, a 85.04% decrease from a year earlier, with the FY2025 full-year figure at 0.27, down 67.46% from the prior year.
  • Debt Ratio slipped to 0.09 in Q1 2026 per NWBO's latest filing, from 0.27 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.06 in Q4 2023 and bottomed at 0.09 in Q1 2026.
  • The 5-year median for Debt Ratio is 0.68 (2024), against an average of 0.68.
  • Across the five-year window, Debt Ratio jumped 126.22% in 2023 and slumped 85.04% in 2026, its largest moves.
  • Year by year, Debt Ratio stood at 0.47 in 2022, then soared by 126.22% to 1.06 in 2023, then retreated by 22.34% to 0.82 in 2024, then tumbled by 67.46% to 0.27 in 2025, then plunged by 66.36% to 0.09 in 2026.
  • Per Business Quant, the three latest NWBO Debt Ratio figures stand at 0.09 (Q1 2026), 0.27 (Q4 2025), and 0.55 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Oculis Holding AG 67,102.16 Bn 67,101.87 Bn - -
2 Nanobiotix 1,909.44 Bn 1,909.38 Bn - 1.41
3 Akari Therapeutics 989.71 Bn 989.71 Bn - -
4 BeOne Medicines 471.58 Bn 466.79 Bn 1.35 Bn 0.11
5 Vertex Pharmaceuticals 121.97 Bn 114.72 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 69.93 Bn 61.18 Bn 3.31 Bn 0.05
7 Belite Bio 62.68 Bn 62.68 Bn - -
8 Argenx Se 55.80 Bn 50.61 Bn 1.41 Bn -
9 Alnylam Pharmaceuticals 37.37 Bn 34.36 Bn 959.66 Mn -
10 Northwest Biotherapeutics 274.97 Mn 273.18 Mn - 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 0.27
Sep 30, 2025 0.55
Jun 30, 2025 0.62
Mar 31, 2025 0.60
Dec 31, 2024 0.82
Sep 30, 2024 1.02
Jun 30, 2024 0.99
Mar 31, 2024 0.68
Dec 31, 2023 1.06
Sep 30, 2023 0.63
Jun 30, 2023 0.86
Mar 31, 2023 0.74
Dec 31, 2022 0.47
Sep 30, 2022 0.45
Jun 30, 2022 0.89
Mar 31, 2022 0.80
Dec 31, 2021 0.83
Sep 30, 2021 0.73
Jun 30, 2021 0.73