Palomino Laboratories (PALX) Debt Ratio (2022 - 2024)
Palomino Laboratories (PALX) posted Debt Ratio of 42.7 for Q3 2024, up 10.0% sequentially from 38.82 in Q2 2024, and up 85.45% YoY from 23.03 in Q4 2023.
Palomino Laboratories (PALX) Debt Ratio (2022 - 2024) Analysis & Trends
Palomino Laboratories has reported Debt Ratio for 3 years, with the latest figure at 42.7 in Q3 2024.
- Quarterly Debt Ratio rose 85.45% year-over-year to 42.7 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 42.7 (up 85.45% YoY) and the FY2023 annual result came in at 26.32, up 163.16% from the prior year.
- Debt Ratio improved to 42.7 in Q3 2024 per PALX's latest filing, from 38.82 in the prior quarter.
- Over five years, Debt Ratio peaked at 42.7 in Q3 2024 and troughed at 10.0 in Q4 2022.
- A 3-year average of 28.41 and a median of 27.96 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio jumped 163.16% in 2023, then soared 85.45% in 2024.
- Over 3 years, Debt Ratio stood at 10.0 in 2022, then surged by 163.16% to 26.32 in 2023, then soared by 62.27% to 42.7 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 42.7, 38.82, and 29.61 for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 42.70 |
| Jun 30, 2024 | 38.82 |
| Mar 31, 2024 | 29.61 |
| Dec 31, 2023 | 26.32 |
| Sep 30, 2023 | 23.03 |
| Dec 31, 2022 | 10.00 |