Summit Therapeutics (SMMT) Debt Ratio (2021 - 2024)
Summit Therapeutics' (SMMT) Debt Ratio was 0.05 for Q3 2024, down 89.4% from 0.46 a year earlier and down 83.3% from the prior quarter.
Analysis
Summit Therapeutics (SMMT) Debt Ratio (2021 - 2024) Analysis & Trends
For FY2023, Debt Ratio at Summit Therapeutics was 0.49, down 36.4% from FY2022.
- By year, Debt Ratio came in at 0.77 in FY2022.
- The Q3 2024 figure ranks as the lowest quarterly Debt Ratio in data going back to Q1 2021.
- Year over year, Debt Ratio gained in three of the last six quarters, with growth averaging 4.9%.
- Per Business Quant data, the three quarters before Q3 2024 came in at 0.29 (Q2 2024), 0.57 (Q1 2024) and 0.49 (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 0.24 |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 0.31 |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 0.00 |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 0.60 |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 0.53 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 0.31 |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | - |
| 10 | Summit Therapeutics | 12.28 Bn | 10.04 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.05 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.77 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.22 |
| Mar 31, 2021 | 0.39 |
API Access
Summit Therapeutics Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SMMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SMMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SMMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();