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
DateValue
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