Third Harmonic Bio Inc (THRD) - Long-Term Debt to Capital Coefficient

Third Harmonic Bio Inc - graphic logo of issuer THRD

The development of Third Harmonic Bio (THRD) relies on external financing and the successful completion of safety tests for new molecules. Achievements in skin inflammation therapy and the search for strategic allies are driving positive momentum. Unique patents for selective inhibitors create a significant barrier to entry for competitors. The individual long-term debt metric stands at 0.01. This chart of the pharmaceutical company's market price is provided below.

Third Harmonic Bio Inc. (THRD): Long-Term Debt to Equity from 04/28/2023 to 08/16/2025
Signature product of Third Harmonic Bio

Third Harmonic Bio develops unique KIT inhibitors to combat severe allergic inflammation. The long-term debt-to-equity ratio reflects the dependence of this development on borrowed funds with maturities exceeding one year relative to the company's market value. This metric compares long-term liabilities with capitalization, revealing structural shifts in financing. Low long-term debt-to-equity ratio values confirm financial autonomy. This determines the issuer's strategic potential in creating irreplaceable therapy methods.

Key competitors

argenx N.V. - Long-Term Liabilities to Equity|Long-Term Debt to Capital BNTX|ABVX (Abivax S.A.) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital ADMA (ADMA Biologics)|Long-Term Debt to Capital protagonist-inc.com PTGX|IMVT - Long-Term Debt to Equity|Long-Term Debt to Capital Coefficient KNSA (Kiniksa Pharmaceuticals, Ltd.)|Grifols Group (GRFS) - Long-Term Debt to Equity|Long-Term Debt to Equity Ratio Adaptive Biotechnologies Inc.|CLDX (Celldex Therapeutics) - Long-Term Debt to Capital|Long-Term Debt to Capital auriniapharma.com|Long-Term Debt to Equity Ratio BCRX (BioCryst Pharmaceuticals)|VERA (Vera Therapeutics Inc) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital DNTH (Dianthus Pharma)|Ratio of Long-Term Indebtedness to Capital Pharvaris Pharma (PHVS)|ABCL - Long-Term Debt to Equity|tourmalinebio.com (TRML) - Long-Term Debt to Equity Ratio|Precigen (PGEN) - Long-Term Debt to Equity|Long-Term Debt to Equity Ratio Pharming Group NV|Long-Term Debt to Equity Ratio NKTR|Long-Term Debt to Capital Upstream Pharma|Long-Term Debt to Equity Zenas Biopharma Inc (ZBIO)|immunome.com - Long-Term Debt to Capital Ratio|Long-Term Debt to Capital GOSS (Gossamer Bio)|KalVista Pharma (KALV) - Long-Term Liabilities to Capital|SEPN: Long-Term Debt to Equity Ratio|Pieris Corp - Long-Term Loans to Capital Ratio|SVRA: Long-Term Debt to Capital|rigel.com - Long-Term Debt to Capital Coefficient|ANAB (AnaptysBio) - Long-Term Debt to Capital|Astria Therapeutics Inc (ATXS) - Ratio of Long-Term Indebtedness to Capital|Long-Term Debt to Equity enGene Bio (ENGN)|RAPT (rapt.com) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital JBIO (Aerovate Therapeutics)|ACRS: Long-Term Debt to Capital Ratio|KYTX: Long-Term Debt to Equity Ratio|Long-Term Debt to Capital Coefficient TLSA (Tiziana Life Sciences Ltd.)|CABA: Long-Term Debt to Capital|Ventyx Biosciences, Inc - Long-Term Debt to Capital Coefficient|THTX (Theratechnologies Inc.) - Long-Term Debt to Capital|Long-Term Debt to Capital avalotx.com|Long-Term Debt to Equity Eledon Pharmaceuticals, Inc. (ELDN)|AGEN (Agenus, Inc.) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Equity Climb Bio, Inc. CLYM|ZURA - Long-Term Debt to Equity Ratio|ATYR - Long-Term Debt to Equity|Long-Term Liabilities to Capital Adagene|ikenaoncology.com (IMA) - Long-Term Debt to Equity|Long-Term Debt to Capital Ratio STTK|EQ (Equillium Inc) - Long-Term Debt to Capital|Connect Pharma (CNTB) - Ratio of Long-Term Indebtedness to Capital|Long-Term Debt to Capital IMUX|Long-Term Debt to Equity Ratio atarabio.com ATRA|InflaRx - Long-Term Debt to Equity Ratio|Long-Term Debt to Capital Coefficient XFOR|Adicet - Long-Term Debt to Capital|CELU: Long-Term Debt to Equity|INMB: Long-Term Debt to Capital|BRNS - Ratio of Long-Term Indebtedness to Capital|Long-Term Debt to Equity Kezar Life Sciences, Inc.|Long-Term Liabilities to Capital SAB Biotherapeutics Inc. SABS|Long-Term Debt to Equity Ratio AKTX (Akari Therapeutics plc)|Long-Term Loans to Capital Ratio ENLV|Long-Term Debt to Capital QTTB (Q32 Bio)|Long-Term Debt to Capital Coefficient GOVX|EDSA - Long-Term Debt to Equity|Long-Term Debt to Capital Coefficient IBIO (iBio Inc)|CARM: Long-Term Debt to Capital|Long-Term Debt to Capital Ratio XTLB|Long-Term Debt to Equity Bolt Biotherapeutics Inc.|HCW Biologics Inc - Long-Term Liabilities to Equity|Long-Term Debt to Capital APVO|AIM (aimimmuno.com) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital ADTX (Aditxt, Inc.)|Long-Term Debt to Capital GRI Bio Corporation GRI|XRTX - Long-Term Debt to Equity|Long-Term Debt to Capital Coefficient HIND (reshapelifesciences.com)|Revelation Biosciences, Inc. (REVB) - Long-Term Debt to Equity|Long-Term Debt to Equity Ratio Indaptus Therapeutics Inc|SCNI (Scinai) - Long-Term Debt to Capital|Long-Term Debt to Capital CalciMedica Corp|Long-Term Debt to Equity Ratio AFMD (Affimed)|ALLK (allakos.com) - Long-Term Debt to Capital Coefficient|Long-Term Debt to Capital HOOK (HOOKIPA Pharma)|Ratio of Long-Term Indebtedness to Capital IGM Biosciences Inc. (IGMS)|ITOS - Long-Term Debt to Equity|Ocean Biomedical Corp (OCEA) - Long-Term Debt to Equity Ratio|TC Biopharm (TCBP) - Long-Term Debt to Equity