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
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