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
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 |