Quanterix (QTRX) Debt Ratio (2017 - 2021)

Quanterix (QTRX) posted Debt Ratio of 0.0 for Q3 2021, down 73.3% on a QoQ basis from 0.01 in Q2 2021, and down 86.53% year-over-year from 0.03 in Q3 2020.

Quanterix (QTRX) Debt Ratio (2017 - 2021) Analysis & Trends

Quanterix's Debt Ratio history runs 5 years deep, the most recent figure standing at 0.0 for Q3 2021.

  • Quarterly Debt Ratio fell 86.53% year-over-year to 0.0 in Q3 2021, while the trailing twelve-month figure through Sep 2021 was 0.0 (down 86.53% YoY) and the FY2020 annual result came in at 0.03, down 37.21% from the prior year.
  • Debt Ratio was 0.0 for Q3 2021 at Quanterix, down from 0.01 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.12 in Q1 2019 and bottomed at 0.0 in Q3 2021.
  • A 5-year average of 0.06 and a median of 0.05 in 2019 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2019 — Debt Ratio climbed 16.02% — and 2021, when it slumped 86.53%.
  • Quanterix's Debt Ratio stood at 0.1 in 2017, then increased by 10.3% to 0.11 in 2018, then tumbled by 60.01% to 0.05 in 2019, then slumped by 37.21% to 0.03 in 2020, then sank by 86.22% to 0.0 in 2021.
  • Business Quant data shows QTRX's Debt Ratio at 0.0 in Q3 2021, 0.01 in Q2 2021, and 0.01 in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.31
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 0.32
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 0.30
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 0.25
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 0.04
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn -
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 0.30
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 0.27
9 Smith & Nephew 25.80 Bn 25.22 Bn - 0.30
10 Quanterix 184.16 Mn 84.89 Mn 15.57 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2021 0.00
Jun 30, 2021 0.01
Mar 31, 2021 0.01
Dec 31, 2020 0.03
Sep 30, 2020 0.03
Mar 31, 2020 0.04
Dec 31, 2019 0.05
Sep 30, 2019 0.04
Jun 30, 2019 0.07
Mar 31, 2019 0.12
Dec 31, 2018 0.11
Sep 30, 2018 0.11
Jun 30, 2018 0.10
Mar 31, 2018 0.10
Dec 31, 2017 0.10