Prenetics Global (PRE) Debt Ratio (2021 - 2023)
Prenetics Global (PRE) posted quarterly Debt Ratio of 0.02 for Q4 2023, down 93.58% YoY from 0.26 in Q4 2022, and down 93.58% sequentially from 0.26 in Q4 2022.
Prenetics Global (PRE) Debt Ratio (2021 - 2023) Analysis & Trends
Prenetics Global has disclosed Debt Ratio across 3 years of filings, most recently posting 0.02 for Q4 2023.
- In Q4 2023, Debt Ratio fell 93.58% year-over-year to 0.02; the TTM figure through Dec 2023 stood at 0.02 (down 93.58% YoY), while the FY2023 annual figure was 0.02, down 93.58% from the prior year.
- Debt Ratio retreated to 0.02 in Q4 2023, from 0.26 in the prior quarter.
- Over the last five years, Debt Ratio for PRE reached as high as 3.28 in Q4 2021 and fell as low as 0.19 in Q3 2022.
- The 3-year median for Debt Ratio is 0.14 (2022), against an average of 1.05.
- Annual changes were most pronounced in 2022 — Debt Ratio sank 92.06% — and 2023, when it slumped 93.58%.
- A 3-year view of Debt Ratio shows it stood at 3.28 in 2021, then slumped by 92.06% to 0.26 in 2022, then tumbled by 93.58% to 0.02 in 2023.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.26, and 0.19 for Q4 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 0.20 |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 0.38 |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 0.22 |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 0.25 |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 0.01 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 0.02 |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 0.53 |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 0.23 |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 0.61 |
| 10 | Prenetics Global | 303.82 Mn | 197.69 Mn | 23.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | -0.18 |
| Mar 31, 2022 | -0.10 |
| Dec 31, 2021 | -0.84 |