Rani Therapeutics Holdings (RANI) Total Debt (2020 - 2025)
Rani Therapeutics Holdings' Total Debt was $13.54 million in Q3 2025, down 52.2% from $28.31 million a year earlier and down 21.4% from the prior quarter.
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Analysis
Rani Therapeutics Holdings (RANI) Total Debt (2020 - 2025) Analysis & Trends
At the end of FY2024, Total Debt at Rani Therapeutics Holdings came in at $24.61 million, down 16.2% from FY2023.
- Total Debt shows a four-year compound annual growth rate of 59.8% (FY2020 to FY2024).
- In earlier years, Total Debt was $29.38 million in FY2023 (+0.8%), $29.15 million in FY2022 and $3.77 million in FY2020.
- The Q3 2025 figure marks the lowest quarterly Total Debt since Q2 2021.
- Compared with a year earlier, Total Debt has declined for five straight quarters, with an average decline of 17.5% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q3 2023 (growth of 108.1%); the worst was Q3 2025 (a decline of 52.2%).
- Per Business Quant data, RANI's Total Debt in the three quarters before Q3 2025 was $17.23 million (Q2 2025), $20.92 million (Q1 2025) and $24.61 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 49.04 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 70.82 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 53.91 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 37.49 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -111.00 Mn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 57.30 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 26.25 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 63.19 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 13.54 Mn |
| Jun 30, 2025 | 17.23 Mn |
| Mar 31, 2025 | 20.92 Mn |
| Dec 31, 2024 | 24.61 Mn |
| Sep 30, 2024 | 28.31 Mn |
| Jun 30, 2024 | 29.50 Mn |
| Mar 31, 2024 | 29.44 Mn |
| Dec 31, 2023 | 29.38 Mn |
| Sep 30, 2023 | 29.32 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 |
| Jun 30, 2021 | 3.88 Mn |
| Dec 31, 2020 | 3.77 Mn |
API Access
Rani Therapeutics Holdings Total 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=total-debt&ticker=RANI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=RANI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();