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
DateValue
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