Quanterix (QTRX) Debt Ratio (2017 - 2021)
Quanterix (QTRX) reported Debt Ratio of 0.0 for Q3 2021, down 86.53% on a YoY basis from 0.03 in Q3 2020, and down 73.3% quarter-over-quarter from 0.01 in Q2 2021.
Quanterix (QTRX) Debt Ratio (2017 - 2021) Analysis & Trends
Quanterix has reported Debt Ratio for 5 years, with the latest figure at 0.0 in Q3 2021.
- For the quarter ending Q3 2021, Debt Ratio fell 86.53% year-over-year to 0.0; the trailing twelve-month figure through Sep 2021 stood at 0.0 (down 86.53% YoY), and the FY2020 full-year result was 0.03, down 37.21% from the prior year.
- Debt Ratio for Q3 2021 stood at 0.0, down from 0.01 in the prior quarter.
- The five-year high for Debt Ratio was 0.12 in Q1 2019, with the low at 0.0 in Q3 2021.
- Historically, Debt Ratio has averaged 0.06 across 5 years, with a median of 0.05 in 2019.
- Annual changes were most pronounced in 2019 — Debt Ratio rose 16.02% — and 2021, when it tumbled 86.53%.
- Quanterix's Debt Ratio stood at 0.1 in 2017, then climbed by 10.3% to 0.11 in 2018, then sank by 60.01% to 0.05 in 2019, then plunged by 37.21% to 0.03 in 2020, then tumbled by 86.22% to 0.0 in 2021.
- The last three Debt Ratio figures came in at 0.0 (Q3 2021), 0.01 (Q2 2021), and 0.01 (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 0.31 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.32 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.31 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 0.25 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 0.04 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.30 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.27 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.18 |
| 10 | Quanterix | 159.26 Mn | 59.99 Mn | 15.57 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |