Summit Therapeutics SMMT
NASDAQ SMMT
$17.60 +0.48 (+2.77%)
As of: Sep 4, 2026 · 3:59 PM EDT

Summit Therapeutics (SMMT) Debt Ratio (2021 - 2024)

Summit Therapeutics' (SMMT) quarterly Debt Ratio came in at 0.57 in Q1 2024, up 44.19% YoY from 0.39 in Q2 2023, and up 14.8% on a QoQ basis from 0.49 in Q4 2023.

Analysis

Summit Therapeutics (SMMT) Debt Ratio (2021 - 2024) Analysis & Trends

Summit Therapeutics (SMMT) has 3 years of Debt Ratio data on file, last reported at 0.57 in Q1 2024.

  • Quarterly Debt Ratio rose 44.19% year-over-year to 0.57 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.57 (up 44.19% YoY) and the FY2023 annual result came in at 0.49, down 33.83% from the prior year.
  • Debt Ratio grew to 0.57 in Q1 2024, from 0.49 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.74 in Q4 2022 to a low of 0.22 in Q1 2022.
  • A 3-year average of 0.44 and a median of 0.42 in 2023 frame the typical range for Debt Ratio.
  • The widest YoY moves for Debt Ratio: up 82.37% in 2023, down 33.83% in 2023.
  • Tracing SMMT's Debt Ratio over 3 years: stood at 0.74 in 2022, then plunged by 33.83% to 0.49 in 2023, then grew by 14.8% to 0.57 in 2024.
  • The last three Debt Ratio figures came in at 0.57 (Q1 2024), 0.49 (Q4 2023), and 0.42 (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn -
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 0.05
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 0.05
5 Revolution Medicines 44.33 Bn 44.33 Bn - -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 0.12
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn -
8 Royalty Pharma 28.45 Bn 27.61 Bn - 0.47
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 0.26
10 Summit Therapeutics 13.67 Bn 12.98 Bn - -
Historic Data

Historic Data

Download Data
DateValue
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