Rani Therapeutics Holdings (RANI) Total Debt (2020 - 2025)

Rani Therapeutics Holdings' (RANI) quarterly Total Debt came in at $13.5 million in Q3 2025, down 52.17% year-on-year from $28.3 million in Q3 2024, and down 21.43% quarter-over-quarter from $17.2 million in Q2 2025.

Rani Therapeutics Holdings (RANI) Total Debt (2020 - 2025) Analysis & Trends

Rani Therapeutics Holdings' Total Debt history runs 6 years deep, the most recent figure standing at $13.5 million for Q3 2025.

  • On a quarterly basis, Total Debt fell 52.17% year-over-year to $13.5 million in Q3 2025; TTM through Sep 2025 was $13.5 million, a 52.17% decrease from a year earlier, with the FY2024 full-year figure at $24.6 million, down 16.23% from the prior year.
  • Total Debt eased to $13.5 million in Q3 2025 per RANI's latest filing, from $17.2 million in the prior quarter.
  • Across five years, Total Debt topped out at $29.5 million in Q2 2024 and bottomed at $30000.0 in Q2 2022.
  • The 5-year median for Total Debt is $22.8 million (2024), against an average of $18.2 million.
  • Across the five-year window, Total Debt plunged 99.23% in 2022 and surged 97450.0% in 2023, its largest moves.
  • Year by year, Total Debt stood at $126000.0 in 2021, then soared by 23034.13% to $29.1 million in 2022, then climbed by 0.8% to $29.4 million in 2023, then declined by 16.23% to $24.6 million in 2024, then plunged by 45.0% to $13.5 million in 2025.
  • Per Business Quant, the three latest RANI Total Debt figures stand at $13.5 million (Q3 2025), $17.2 million (Q2 2025), and $20.9 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - 110.96 Mn
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 959.06 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.99 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Rani Therapeutics Holdings 160.20 Mn 167.33 Mn - -

Historic Data

Download Data
DateValue
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 14.15 Mn
Jun 30, 2022 30,000.00
Mar 31, 2022 140,000.00
Dec 31, 2021 126,000.00
Sep 30, 2021 290,000.00
Jun 30, 2021 3.88 Mn
Dec 31, 2020 2.56 Mn