PureTech Health PLC

NASDAQ PRTC

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PureTech Health PLC Interest Coverage Ratio 1 year YoY Change (%) for the year ending December 31, 2023: 78.34%

PureTech Health PLC Interest Coverage Ratio 1 year YoY Change (%) is 78.34% for the year ending December 31, 2023, a 237.53% change year over year. The interest coverage ratio is a measure of a company's ability to meet its interest payment obligations on its outstanding debt. It is calculated by dividing the company's earnings before interest and taxes (EBIT) by its interest expense. This ratio indicates the extent to which a company's earnings can cover its interest expenses. A higher interest coverage ratio suggests that the company has a greater capacity to make interest payments, indicating lower financial risk. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

PureTech Health PLC Interest Coverage Ratio for the year ending December 31, 2022 was -50.04, a -56.96% change year over year.
PureTech Health PLC Interest Coverage Ratio for the year ending December 31, 2021 was -31.88, a 21.43% change year over year.
PureTech Health PLC Interest Coverage Ratio for the year ending December 31, 2020 was -40.57, a 20.77% change year over year.
PureTech Health PLC Interest Coverage Ratio for the year ending December 31, 2019 was -51.21, a 84.16% change year over year.

NASDAQ: PRTC

PureTech Health PLC

CEO	Ms. Daphne Zohar
IPO Date	Nov. 16, 2020
Location	United States
Headquarters	6 Tide Street, Boston, MA, United States, 02210
Employees	90
Sector	Healthcare
Industry	Biotechnology

Description

PureTech Health plc, engages in the development and commercialization of biotechnology and pharmaceutical solutions in the United States. The company is developing LYT-100, which is under Phase 2 stage, to treat idiopathic pulmonary fibrosis (IPF); and LYT-200, a IgG4 monoclonal antibody, currently under Phase 1/2 stage, targeting galectin-9 for treating solid tumors and hematological malignancies. It also develops SPT-300, an oral drug of allopregnanolone for the treatment of anxious depression; SPT-320, a novel prodrug of agomelatine for the treatment of generalized anxiety disorder; and SPT-348, a prodrug of a non-hallucinogenic neuroplastogen for the treatment of mood and other neuropsychiatric disorders. In addition, the company is developing hydrogels to enable the oral administration of peptide therapeutics in preclinical development. The company was incorporated in 2015 and is headquartered in Boston, Massachusetts.

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