Tectonic Therapeutic (TECX) Debt to Equity (2021 - 2023)
Tectonic Therapeutic (TECX) reported Debt to Equity of -$0.26 for Q1 2023, down 344.66% year-over-year from $0.1 in Q1 2022, and up 23.29% quarter-over-quarter from -$0.33 in Q4 2022.
Tectonic Therapeutic (TECX) Debt to Equity (2021 - 2023) Analysis & Trends
Tectonic Therapeutic (TECX) has 3 years of Debt to Equity data on file, last reported at -$0.26 in Q1 2023.
- Debt to Equity for Q1 2023 came in at -$0.26, down 344.66% year-over-year; the trailing twelve-month figure through Mar 2023 was -$0.26 (down 344.66% YoY), and the FY2022 annual result was -$0.33, down 479.44% from the prior year.
- Debt to Equity improved to -$0.26 in Q1 2023 per TECX's latest filing, from -$0.33 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.16 in Q3 2022 and troughed at -$0.33 in Q4 2022.
- A 3-year average of -$0.02 and a median of $0.1 in 2021 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2023: Debt to Equity sank 479.44% in 2022, then slumped 344.66% in 2023.
- A 3-year view of Debt to Equity shows it stood at $0.09 in 2021, then slumped by 479.44% to -$0.33 in 2022, then climbed by 23.29% to -$0.26 in 2023.
- Business Quant data shows TECX's Debt to Equity at -$0.26 in Q1 2023, -$0.33 in Q4 2022, and $0.16 in Q3 2022.
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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 | Tectonic Therapeutic | 528.16 Mn | 291.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -0.26 |
| Dec 31, 2022 | -0.33 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.09 |