Rani Therapeutics Holdings (RANI) Debt Ratio (2020 - 2025)
Rani Therapeutics Holdings (RANI) posted quarterly Debt Ratio of 1.34 for Q3 2025, up 105.38% year-over-year from 0.65 in Q3 2024, and up 30.95% quarter-over-quarter from 1.02 in Q2 2025.
Rani Therapeutics Holdings (RANI) Debt Ratio (2020 - 2025) Analysis & Trends
Rani Therapeutics Holdings' Debt Ratio history runs 6 years deep, the most recent figure standing at 1.34 for Q3 2025.
- In Q3 2025, Debt Ratio rose 105.38% year-over-year to 1.34; the TTM figure through Sep 2025 stood at 1.34 (up 105.38% YoY), while the FY2024 annual figure was 0.67, up 32.44% from the prior year.
- Debt Ratio for Q3 2025 stood at 1.34, up from 1.02 in the prior quarter.
- The five-year high for Debt Ratio was 1.34 in Q3 2025, with the low at 0.0 in Q2 2022.
- The 5-year median for Debt Ratio is 0.38 (2023), against an average of 0.43.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio tumbled 99.43% in 2022, then jumped 121791.07% in 2023.
- Rani Therapeutics Holdings' Debt Ratio stood at 0.0 in 2021, then soared by 26499.1% to 0.27 in 2022, then soared by 88.01% to 0.51 in 2023, then jumped by 32.44% to 0.67 in 2024, then surged by 98.72% to 1.34 in 2025.
- Business Quant data shows RANI's Debt Ratio at 1.34 in Q3 2025, 1.02 in Q2 2025, and 0.87 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 0.05 |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 0.12 |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | - |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 0.03 |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 0.26 |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 0.47 |
| 10 | Rani Therapeutics Holdings | 163.98 Mn | 163.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.34 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 0.87 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.13 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.05 |
| Dec 31, 2020 | 0.03 |