Praxis Precision Medicines (PRAX) Interest Coverage Ratio (2019 - 2026)

Praxis Precision Medicines' (PRAX) quarterly Interest Coverage Ratio came in at 0.23 in Q1 2026, up 99.65% year-on-year from 0.12 in Q1 2025, and up 26.34% quarter-over-quarter from 0.32 in Q4 2025.

Praxis Precision Medicines (PRAX) Interest Coverage Ratio (2019 - 2026) Analysis & Trends

Praxis Precision Medicines' Interest Coverage Ratio history runs 8 years deep, the most recent figure standing at 0.23 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 99.65% year-over-year to 0.23 in Q1 2026; TTM through Mar 2026 was 0.79, a 99.62% increase from a year earlier, with the FY2025 full-year figure at 0.8, up 13.22% from the prior year.
  • Interest Coverage Ratio improved to 0.23 in Q1 2026 per PRAX's latest filing, from 0.32 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 0.15 in Q4 2023 and bottomed at 1656.13 in Q1 2023.
  • The 5-year median for Interest Coverage Ratio is 9.05 (2025), against an average of 153.41.
  • Across the five-year window, Interest Coverage Ratio sank 33648.51% in 2023 and soared 99.82% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.29 in 2022, then jumped by 46.51% to 0.15 in 2023, then sank by 90.18% to 0.29 in 2024, then retreated by 8.04% to 0.32 in 2025, then gained by 26.34% to 0.23 in 2026.
  • Per Business Quant, the three latest PRAX Interest Coverage Ratio figures stand at 0.23 (Q1 2026), 0.32 (Q4 2025), and 9.05 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - 658.42
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 7.60
4 NuCana 279.75 Bn 279.75 Bn - -0.22
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 2.71
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 22.72
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -0.38
10 Praxis Precision Medicines 8.98 Bn 8.20 Bn - -0.23

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.23
Dec 31, 2025 -0.32
Sep 30, 2025 -9.05
Jun 30, 2025 -48.57
Mar 31, 2025 -66.90
Dec 31, 2024 -0.29
Sep 30, 2024 -4.44
Jun 30, 2024 -21.90
Mar 31, 2024 -2.95
Dec 31, 2023 -0.15
Sep 30, 2023 -114.94
Jun 30, 2023 -514.12
Mar 31, 2023 -1,656.13
Dec 31, 2022 -0.29
Sep 30, 2022 -82.63
Jun 30, 2022 -80.20
Mar 31, 2022 -4.91
Dec 31, 2021 -0.68
Sep 30, 2021 -0.83
Jun 30, 2021 -0.64