Bio-Techne (TECH) Short term Debt (2016 - 2023)
Bio-Techne (TECH) posted quarterly Short term Debt of $1.8 million for Q3 2023, down 76.35% year-over-year from $7.4 million in Q3 2022, and down 50.0% quarter-over-quarter from $3.5 million in Q2 2023.
Analysis
Bio-Techne (TECH) Short term Debt (2016 - 2023) Analysis & Trends
Bio-Techne's Short term Debt history runs 8 years deep, the most recent figure standing at $1.8 million for Q3 2023.
- In Q3 2023, Short term Debt fell 76.35% year-over-year to $1.8 million; the TTM figure through Sep 2023 stood at $1.8 million (down 76.35% YoY), while the FY2023 annual figure was $3.5 million, down 72.0% from the prior year.
- Short term Debt for Q3 2023 stood at $1.8 million, down from $3.5 million in the prior quarter.
- The five-year high for Short term Debt was $12.5 million in Q3 2019, with the low at $1.8 million in Q3 2023.
- The 5-year median for Short term Debt is $5.6 million (2020), against an average of $7.5 million.
- The sharpest annual moves came in 2020 and 2023: Short term Debt surged 267.65% in 2020, then tumbled 76.35% in 2023.
- Bio-Techne's Short term Debt stood at $12.5 million in 2019, then sank by 60.14% to $5.0 million in 2020, then tumbled by 59.86% to $2.0 million in 2021, then surged by 270.0% to $7.4 million in 2022, then sank by 76.35% to $1.8 million in 2023.
- Business Quant data shows TECH's Short term Debt at $1.8 million in Q3 2023, $3.5 million in Q2 2023, and $5.2 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Bio-Techne | 11.29 Bn | 11.03 Bn | 211.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.75 Mn |
| Jun 30, 2023 | 3.50 Mn |
| Mar 31, 2023 | 5.25 Mn |
| Sep 30, 2022 | 7.40 Mn |
| Jun 30, 2022 | 12.50 Mn |
| Mar 31, 2022 | 12.50 Mn |
| Dec 31, 2021 | 12.50 Mn |
| Sep 30, 2021 | 12.50 Mn |
| Jun 30, 2021 | 12.50 Mn |
| Mar 31, 2021 | 12.50 Mn |
| Dec 31, 2020 | 12.50 Mn |
| Sep 30, 2020 | 12.50 Mn |
| Jun 30, 2020 | 12.50 Mn |
| Mar 31, 2020 | 12.50 Mn |
| Dec 31, 2019 | 12.50 Mn |
| Sep 30, 2019 | 12.50 Mn |
| Jun 30, 2019 | 12.50 Mn |
| Mar 31, 2019 | 12.50 Mn |
| Dec 31, 2018 | 12.50 Mn |
| Sep 30, 2018 | 12.50 Mn |