Palomino Laboratories (PALX) Debt Ratio (2022 - 2024)
Palomino Laboratories (PALX) reported Debt Ratio of 42.7 for Q3 2024, up 85.45% on a YoY basis from 23.03 in Q4 2023, and up 10.0% sequentially from 38.82 in Q2 2024.
Palomino Laboratories (PALX) Debt Ratio (2022 - 2024) Analysis & Trends
Palomino Laboratories (PALX) has 3 years of Debt Ratio data on file, last reported at 42.7 in Q3 2024.
- For the quarter ending Q3 2024, Debt Ratio rose 85.45% year-over-year to 42.7; the trailing twelve-month figure through Sep 2024 stood at 42.7 (up 85.45% YoY), and the FY2023 full-year result was 26.32, up 163.16% from the prior year.
- Debt Ratio improved to 42.7 in Q3 2024, from 38.82 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 42.7 in Q3 2024 to a low of 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.
- Across the five-year window, Debt Ratio surged 163.16% in 2023 and jumped 85.45% in 2024, its largest moves.
- Tracing PALX's Debt Ratio over 3 years: 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.
- Business Quant data shows PALX's Debt Ratio at 42.7 in Q3 2024, 38.82 in Q2 2024, and 29.61 in Q1 2024.
Peer Comparison
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 |