Bio-Techne (TECH) Short term Debt (2016 - 2023)

Bio-Techne (TECH) recorded quarterly Short term Debt of $1.8 million in Q3 2023, down 50.0% quarter-over-quarter from $3.5 million in Q2 2023, and down 76.35% on a YoY basis from $7.4 million in Q3 2022.

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 was $1.8 million for Q3 2023 at Bio-Techne, down from $3.5 million in the prior quarter.
  • In the past five years, Short term Debt ranged from a high of $12.5 million in Q1 2019 to a low of $1.8 million in Q3 2023.
  • Historically, Short term Debt has averaged $8.2 million across 5 years, with a median of $6.8 million in 2020.
  • The sharpest annual moves came in 2019 and 2023: Short term Debt soared 257.14% in 2019, then plunged 76.35% in 2023.
  • A 5-year view of Short term Debt shows it stood at $12.5 million in 2019, then slumped by 60.14% to $5.0 million in 2020, then plunged by 59.86% to $2.0 million in 2021, then soared by 270.0% to $7.4 million in 2022, then slumped by 76.35% to $1.8 million in 2023.
  • The last three Short term Debt figures came in at $1.8 million (Q3 2023), $3.5 million (Q2 2023), and $5.2 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Bio-Techne 9.04 Bn 8.83 Bn 208.29 Mn

Historic Data

Download Data
DateValue
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 2.00 Mn
Sep 30, 2021 5.00 Mn
Jun 30, 2021 12.50 Mn
Mar 31, 2021 5.07 Mn
Dec 31, 2020 4.98 Mn
Sep 30, 2020 5.79 Mn
Jun 30, 2020 12.50 Mn
Mar 31, 2020 6.15 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