Zai Lab (ZLAB) Debt Ratio (2018 - 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.
Zai Lab (ZLAB) Debt Ratio (2018 - 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | - |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 0.12 |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | - |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 0.47 |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | - |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 0.26 |
| 10 | Zai Lab | 2.91 Bn | 2.20 Bn | 58.15 Mn | 0.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.22 |
| Mar 31, 2026 | 0.20 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.05 |
| Jun 30, 2020 | 0.01 |
| Dec 31, 2019 | 0.02 |
| Sep 30, 2019 | 0.02 |
| Dec 31, 2018 | 0.01 |