Tenax Therapeutics (TENX) Debt Ratio (2011 - 2024)
Tenax Therapeutics' (TENX) Debt Ratio came in at 0.03 for Q2 2024, up 6.7% from 0.02 a year earlier but down 8.1% from the prior quarter.
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Analysis
Tenax Therapeutics (TENX) Debt Ratio (2011 - 2024) Analysis & Trends
For FY2023, Tenax Therapeutics' Debt Ratio stood at 0.04, down 76.6% from FY2022.
- In prior years, Tenax Therapeutics' Debt Ratio was 0.18 in FY2022 and 0.04 in FY2020.
- Quarterly Debt Ratio has run from a low of 0.01 in Q2 2022 to a high of 0.18 in Q4 2022 over five years.
- On a year-over-year basis, Debt Ratio increased in two of the last five quarters, with an average decline of 1.2%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.03 (Q1 2024), 0.04 (Q4 2023) and 0.01 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 0.24 |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 0.52 |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 0.42 |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 0.31 |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 0.00 |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 0.60 |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 0.53 |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 0.31 |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Tenax Therapeutics | 85.48 Mn | 85.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.18 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.06 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | 0.03 |
| Jun 30, 2020 | 0.05 |
| Apr 30, 2013 | 0.96 |
| Jan 31, 2013 | 0.88 |
| Oct 31, 2012 | 0.62 |
| Jul 31, 2012 | 0.35 |
| Apr 30, 2012 | 0.34 |
| Jan 31, 2012 | 0.18 |
| Oct 31, 2011 | 1.36 |
API Access
Tenax Therapeutics Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TENX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TENX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TENX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();