Quanterix (QTRX) Debt Ratio (2017 - 2021)
Quanterix's (QTRX) quarterly Debt Ratio came in at 0.0 in Q3 2021, down 86.53% YoY from 0.03 in Q3 2020, and down 73.3% on a QoQ basis from 0.01 in Q2 2021.
Quanterix (QTRX) Debt Ratio (2017 - 2021) Analysis & Trends
Quanterix (QTRX) has 5 years of Debt Ratio data on file, last reported at 0.0 in 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 declined to 0.0 in Q3 2021, from 0.01 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.12 in Q1 2019 to a low of 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 rose 16.02% — and 2021, when it tumbled 86.53%.
- Tracing QTRX's Debt Ratio over 5 years: 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 0.30 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 0.31 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 0.28 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 0.04 |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 0.27 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 0.28 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 0.18 |
| 10 | Quanterix | 146.22 Mn | 52.69 Mn | 12.67 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 |