Praxis Precision Medicines Net Debt Growth & History (PRAX)

Praxis Precision Medicines's net debt was −$357.2M for fiscal 2025.

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Praxis Precision Medicines annual net debt history

Praxis Precision Medicines annual net debt

Fiscal yearPeriod endedNet debtChangeGrowth
20252025-12-31−$357.2M−$143.2M
20242024-12-31−$214.0M−$135.2M
20232023-12-31−$78.8M−$20.7M
20222022-12-31−$58.1M$76.3M
20212021-12-31−$134.4M$161.5M
20202020-12-31−$295.8M−$252.5M
20192019-12-31−$43.4M

Praxis Precision Medicines net debt trends

Over the last five fiscal years, Praxis Precision Medicines's net debt decreased from −$295.8M to −$357.2M, a change of −$61.4M. The latest reported quarter, Q2 2026, shows −$473.7M.

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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