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| 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 |