Rani Therapeutics Holdings (RANI) Non-Current Debt (2020 - 2025)
Rani Therapeutics Holdings' Non-Current Debt was $2.23 million in Q2 2025, down 87.0% from $17.21 million a year earlier and down 62.4% from the prior quarter.
Rani Therapeutics Holdings (RANI) Non-Current Debt (2020 - 2025) Analysis & Trends
At the end of FY2024, Non-Current Debt at Rani Therapeutics Holdings came in at $9.61 million, down 60.7% from FY2023.
- Non-Current Debt shows a four-year compound annual growth rate of 41.3% (FY2020 to FY2024).
- In earlier years, Non-Current Debt was $24.48 million in FY2023 (-16.0%), $29.15 million in FY2022 and $2.41 million in FY2020.
- The Q2 2025 figure marks the lowest quarterly Non-Current Debt in data going back to Q4 2020.
- Compared with a year earlier, Non-Current Debt has declined for seven straight quarters, with an average decline of 32.2% over the last eight quarters.
- The best year-over-year quarter for Non-Current Debt over five years was Q3 2023 (growth of 99.4%); the worst was Q2 2025 (a decline of 87.0%).
- Per Business Quant data, RANI's Non-Current Debt in the three quarters before Q2 2025 was $5.92 million (Q1 2025), $9.61 million (Q4 2024) and $13.54 million (Q3 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 37.34 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 62.48 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 51.08 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -108.00 Mn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 51.86 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 23.83 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 60.50 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Rani Therapeutics Holdings | 147.86 Mn | 156.61 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 2.23 Mn |
| Mar 31, 2025 | 5.92 Mn |
| Dec 31, 2024 | 9.61 Mn |
| Sep 30, 2024 | 13.54 Mn |
| Jun 30, 2024 | 17.21 Mn |
| Mar 31, 2024 | 20.85 Mn |
| Dec 31, 2023 | 24.48 Mn |
| Sep 30, 2023 | 28.10 Mn |
| Jun 30, 2023 | 29.27 Mn |
| Mar 31, 2023 | 29.21 Mn |
| Dec 31, 2022 | 29.15 Mn |
| Sep 30, 2022 | 14.09 Mn |
| Dec 31, 2020 | 2.41 Mn |
Rani Therapeutics Holdings Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=RANI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "RANI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=RANI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();