Tenax Therapeutics TENX
NASDAQ TENX
$1.78 -0.12 (-6.32%)
At close: Aug 20, 2026 · 4:00 PM EDT

Tenax Therapeutics (TENX) Debt Ratio (2011 - 2023)

Tenax Therapeutics (TENX) posted quarterly Debt Ratio of 0.05 for Q3 2023, down 71.36% on a QoQ basis from 0.18 in Q4 2022.

Tenax Therapeutics (TENX) Debt Ratio (2011 - 2023) Analysis & Trends

Tenax Therapeutics has reported Debt Ratio for 7 years, with the latest figure at 0.05 in Q3 2023.

  • Debt Ratio for Q3 2023 came in at 0.05, changed N/A year-over-year; the trailing twelve-month figure through Sep 2023 was 0.05 (changed N/A YoY), and the FY2022 annual result was 0.18, changed N/A from the prior year.
  • Debt Ratio slipped to 0.05 in Q3 2023, from 0.18 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.18 in Q4 2022 and troughed at 0.01 in Q1 2021.
  • A 4-year average of 0.05 and a median of 0.02 in 2020 frame the typical range for Debt Ratio.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Vertex Pharmaceuticals 137.11 Bn 129.26 Bn 2.84 Bn -
2 Regeneron Pharmaceuticals 84.98 Bn 76.99 Bn 3.93 Bn 0.05
3 Argenx Se 64.52 Bn 59.33 Bn 1.37 Bn -
4 Moderna 53.23 Bn 48.09 Bn 52.00 Mn 0.05
5 BeOne Medicines 41.23 Bn 36.14 Bn 1.53 Bn 0.12
6 Alnylam Pharmaceuticals 30.65 Bn 27.34 Bn 992.69 Mn -
7 Insmed 27.15 Bn 25.99 Bn 358.27 Mn 0.26
8 Royalty Pharma 26.98 Bn 26.14 Bn - 0.47
9 BioNTech SE 26.78 Bn 8.39 Bn 668.28 Mn 0.03
10 Tenax Therapeutics 80.73 Mn 80.73 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 0.05
Dec 31, 2022 0.18
Mar 31, 2021 0.01
Dec 31, 2020 0.02
Sep 30, 2020 0.02
Jun 30, 2020 0.03
Apr 30, 2013 0.94
Jan 31, 2013 0.85
Oct 31, 2012 0.61
Jul 31, 2012 0.34
Apr 30, 2012 0.33
Jan 31, 2012 0.16
Oct 31, 2011 1.36
Jul 31, 2011 0.89
Apr 30, 2011 1.53