Summit Therapeutics (SMMT) Debt to Equity (2022 - 2024)
Summit Therapeutics (SMMT) reported Debt to Equity of $2.26 for Q1 2024, up 201.93% on a YoY basis from $0.75 in Q2 2023, and up 75.73% quarter-over-quarter from $1.29 in Q4 2023.
Summit Therapeutics (SMMT) Debt to Equity (2022 - 2024) Analysis & Trends
Summit Therapeutics has reported Debt to Equity for 3 years, with the latest figure at $2.26 in Q1 2024.
- For the quarter ending Q1 2024, Debt to Equity rose 201.93% year-over-year to $2.26; the trailing twelve-month figure through Mar 2024 stood at $2.26 (up 201.93% YoY), and the FY2023 full-year result was $1.29, down 67.04% from the prior year.
- Debt to Equity for Q1 2024 stood at $2.26, up from $1.29 in the prior quarter.
- The five-year high for Debt to Equity was $3.9 in Q4 2022, with the low at $0.39 in Q1 2022.
- Historically, Debt to Equity has averaged $1.42 across 3 years, with a median of $0.84 in 2023.
- Annual changes were most pronounced in 2023 — Debt to Equity sank 67.04% — and 2024, when it jumped 201.93%.
- Summit Therapeutics' Debt to Equity stood at $3.9 in 2022, then slumped by 67.04% to $1.29 in 2023, then soared by 75.73% to $2.26 in 2024.
- The last three Debt to Equity figures came in at $2.26 (Q1 2024), $1.29 (Q4 2023), and $0.84 (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | - |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | - |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | 0.32 |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | - |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | - |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | - |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | - |
| 10 | Summit Therapeutics | 10.09 Bn | 9.99 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 2.26 |
| Dec 31, 2023 | 1.29 |
| Jun 30, 2023 | 0.84 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 3.90 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.39 |