Tectonic Therapeutic (TECX) Debt Ratio (2021 - 2023)
Tectonic Therapeutic (TECX) reported 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.
Tectonic Therapeutic (TECX) Debt Ratio (2021 - 2023) Analysis & Trends
Tectonic Therapeutic (TECX) has 3 years of Debt Ratio data on file, last reported at 0.19 in Q1 2023.
- Debt Ratio for Q1 2023 came in at 0.19, up 115.97% year-over-year; the trailing twelve-month figure through Mar 2023 was 0.19 (up 115.97% YoY), and the FY2022 annual result was 0.15, up 100.44% from the prior year.
- Debt Ratio advanced to 0.19 in Q1 2023 per TECX's latest filing, from 0.15 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.19 in Q1 2023 and troughed at 0.07 in Q4 2021.
- A 3-year average of 0.12 and a median of 0.11 in 2022 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio jumped 100.44% in 2022, then surged 115.97% in 2023.
- A 3-year view of Debt Ratio shows it stood at 0.07 in 2021, then jumped by 100.44% to 0.15 in 2022, then increased 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (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 | 0.18 |
| 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 | Tectonic Therapeutic | 528.16 Mn | 291.27 Mn | - | - |
Historic Data
Download 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 |