Tectonic Therapeutic (TECX) Debt Ratio (2021 - 2023)
Tectonic Therapeutic (TECX) posted quarterly Debt Ratio of 0.19 for Q1 2023, up 115.97% year-over-year from 0.09 in Q1 2022, and up 25.89% quarter-over-quarter from 0.15 in Q4 2022.
Analysis
Tectonic Therapeutic (TECX) Debt Ratio (2021 - 2023) Analysis & Trends
Tectonic Therapeutic (TECX) has reported Debt Ratio for 3 consecutive years, with 0.19 the latest figure, recorded in Q1 2023.
- In Q1 2023, Debt Ratio rose 115.97% year-over-year to 0.19; the TTM figure through Mar 2023 stood at 0.19 (up 115.97% YoY), while the FY2022 annual figure was 0.15, up 100.44% from the prior year.
- Debt Ratio rose to 0.19 in Q1 2023 per TECX's latest filing, from 0.15 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.19 in Q1 2023 and bottomed at 0.07 in Q4 2021.
- Historically, Debt Ratio has averaged 0.12 across 3 years, with a median of 0.11 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio jumped 100.44% — and 2023, when it surged 115.97%.
- Tectonic Therapeutic's Debt Ratio stood at 0.07 in 2021, then surged by 100.44% to 0.15 in 2022, then rose by 25.89% to 0.19 in 2023.
- Business Quant data shows TECX's Debt Ratio at 0.19 in Q1 2023, 0.15 in Q4 2022, and 0.12 in Q3 2022.
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 | Tectonic Therapeutic | 589.02 Mn | 589.02 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.07 |