GH Research annual net debt
2021
2022
2023
2024
2025
GH Research Net Debt Growth & History (GHRS)
GH Research's net debt was −$245.8M for fiscal 2025.
View full GH Research company overviewGH Research annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$245.8M | −$145.6M | — |
| 2024 | 2024-12-31 | −$100.2M | −$22.8M | — |
| 2023 | 2023-12-31 | −$77.4M | $88.5M | — |
| 2022 | 2022-12-31 | −$166.0M | $110.8M | — |
| 2021 | 2021-12-31 | −$276.8M | — | — |
GH Research quarterly net debt
Q4.21
Q4.22
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$344.7M | −$91.5M | — |
| Q1 2026 | 2026-03-31 | −$242.2M | $2.1M | — |
| Q4 2025 | 2025-12-31 | −$245.8M | −$145.6M | — |
| Q3 2025 | 2025-09-30 | −$249.1M | −$159.7M | — |
| Q2 2025 | 2025-06-30 | −$253.2M | −$166.9M | — |
| Q1 2025 | 2025-03-31 | −$244.3M | −$167.7M | — |
| Q4 2024 | 2024-12-31 | −$100.2M | −$22.8M | — |
| Q3 2024 | 2024-09-30 | −$89.3M | −$3.8M | — |
| Q2 2024 | 2024-06-30 | −$86.4M | $9.5M | — |
| Q1 2024 | 2024-03-31 | −$76.6M | — | — |
| Q4 2023 | 2023-12-31 | −$77.4M | $88.5M | — |
| Q3 2023 | 2023-09-30 | −$85.5M | — | — |
| Q2 2023 | 2023-06-30 | −$95.9M | — | — |
| Q4 2022 | 2022-12-31 | −$166.0M | $110.8M | — |
| Q4 2021 | 2021-12-31 | −$276.8M | — | — |
GH Research net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, GH Research's net debt increased from −$276.8M to −$245.8M, a change of $31.0M. The latest reported quarter, Q2 2026, shows −$344.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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