Xwell (XWEL) Debt Ratio (2010 - 2024)

Xwell (XWEL) posted Debt Ratio of 0.03 for Q2 2024, up 128.95% sequentially from 0.01 in Q1 2024, and up 226.45% YoY from 0.01 in Q3 2023.

Xwell (XWEL) Debt Ratio (2010 - 2024) Analysis & Trends

Xwell has reported Debt Ratio for 12 years, with the latest figure at 0.03 in Q2 2024.

  • Quarterly Debt Ratio rose 226.45% year-over-year to 0.03 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 0.03 (up 226.45% YoY) and the FY2023 annual result came in at 0.01, down 15.79% from the prior year.
  • Debt Ratio improved to 0.03 in Q2 2024 per XWEL's latest filing, from 0.01 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.12 in Q1 2020 and troughed at 0.01 in Q1 2023.
  • A 5-year average of 0.04 and a median of 0.02 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio slumped 88.63% in 2022, then surged 226.45% in 2024.
  • Over 5 years, Debt Ratio stood at 0.05 in 2020, then slumped by 36.51% to 0.03 in 2021, then plunged by 60.71% to 0.01 in 2022, then fell by 15.79% to 0.01 in 2023, then soared by 124.95% to 0.03 in 2024.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.03, 0.01, and 0.01 for Q2 2024, Q1 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.40
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 0.24
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.26
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.54
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 0.01
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.22
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 0.58
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.33
10 Xwell 7.47 Mn -9.34 Mn 2.35 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 0.03
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.01
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.02
Dec 31, 2021 0.03
Sep 30, 2021 0.09
Jun 30, 2021 0.06
Mar 31, 2021 0.05
Dec 31, 2020 0.05
Sep 30, 2020 0.10
Jun 30, 2020 0.12
Mar 31, 2020 0.12
Dec 31, 2019 0.26
Sep 30, 2019 0.12