Quanterix (QTRX) Debt to Equity (2017 - 2021)
Quanterix (QTRX) reported Debt to Equity of $0.0 for Q3 2021, down 88.05% on a YoY basis from $0.04 in Q3 2020, and down 73.58% quarter-over-quarter from $0.02 in Q2 2021.
Quanterix (QTRX) Debt to Equity (2017 - 2021) Analysis & Trends
Quanterix has reported Debt to Equity for 5 years, with the latest figure at $0.0 in Q3 2021.
- For the quarter ending Q3 2021, Debt to Equity fell 88.05% year-over-year to $0.0; the trailing twelve-month figure through Sep 2021 stood at $0.0 (down 88.05% YoY), and the FY2020 full-year result was $0.04, down 37.4% from the prior year.
- Debt to Equity for Q3 2021 stood at $0.0, down from $0.02 in the prior quarter.
- The five-year high for Debt to Equity was $0.22 in Q1 2019, with the low at $0.0 in Q3 2021.
- Historically, Debt to Equity has averaged $0.09 across 5 years, with a median of $0.06 in 2020.
- Annual changes were most pronounced in 2019 — Debt to Equity jumped 56.69% — and 2021, when it slumped 88.05%.
- Quanterix's Debt to Equity stood at $0.14 in 2017, then jumped by 30.32% to $0.19 in 2018, then plunged by 67.92% to $0.06 in 2019, then sank by 37.4% to $0.04 in 2020, then plunged by 88.26% to $0.0 in 2021.
- The last three Debt to Equity figures came in at $0.0 (Q3 2021), $0.02 (Q2 2021), and $0.02 (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 0.65 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.64 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.57 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 0.42 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 0.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.71 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.95 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.27 |
| 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 | 0.02 |
| Mar 31, 2021 | 0.02 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | 0.04 |
| Mar 31, 2020 | 0.06 |
| Dec 31, 2019 | 0.06 |
| Sep 30, 2019 | 0.06 |
| Jun 30, 2019 | 0.10 |
| Mar 31, 2019 | 0.22 |
| Dec 31, 2018 | 0.19 |
| Sep 30, 2018 | 0.16 |
| Jun 30, 2018 | 0.14 |
| Mar 31, 2018 | 0.14 |
| Dec 31, 2017 | 0.14 |