Zai Lab (ZLAB) Debt Ratio (2016 - 2026)
Zai Lab (ZLAB) posted Debt Ratio of 0.2 for Q1 2026, up 11.85% sequentially from 0.17 in Q4 2025, and up 32.04% YoY from 0.15 in Q1 2025.
Analysis
Zai Lab (ZLAB) Debt Ratio (2016 - 2026) Analysis & Trends
Zai Lab has reported Debt Ratio for 6 years, with the latest figure at 0.2 in Q1 2026.
- Quarterly Debt Ratio rose 32.04% year-over-year to 0.2 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.2 (up 32.04% YoY) and the FY2025 annual result came in at 0.17, up 57.06% from the prior year.
- Debt Ratio improved to 0.2 in Q1 2026 per ZLAB's latest filing, from 0.17 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.2 in Q1 2026 and troughed at 0.05 in Q1 2024.
- A 3-year average of 0.13 and a median of 0.15 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio surged 202.61% in 2025, then soared 32.04% in 2026.
- Over 3 years, Debt Ratio stood at 0.11 in 2024, then soared by 57.06% to 0.17 in 2025, then climbed by 11.85% to 0.2 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.2, 0.17, and 0.18 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 0.05 |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 0.12 |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | - |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 0.47 |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 0.26 |
| 10 | Zai Lab | 2.94 Bn | 2.23 Bn | 58.15 Mn | 0.44 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.44 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.14 |
| Mar 31, 2024 | 0.10 |
| Jun 30, 2020 | 0.02 |
| Dec 31, 2019 | 0.04 |
| Sep 30, 2019 | 0.03 |
| Dec 31, 2018 | 0.02 |
| Dec 31, 2016 | 0.04 |