Cartesian Growth (RENEF) Debt Ratio (2021 - 2026)
Cartesian Growth's (RENEF) Debt Ratio was 0.24 for Q2 2026, up 171.1% from 0.09 a year earlier and up 1.1% from the prior quarter.
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Analysis
Cartesian Growth (RENEF) Debt Ratio (2021 - 2026) Analysis & Trends
Dating back to Q4 2021, Cartesian Growth's Debt Ratio record includes 19 quarters.
- Debt Ratio has increased for three consecutive years.
- By year, Debt Ratio came in at 0.08 in FY2024 (+239.8%), 0.02 in FY2023 (+63.9%), 0.01 in FY2022 (-95.3%) and 0.30 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q1 2022.
- Year over year, Debt Ratio has now increased in each of the last 11 quarters, with growth averaging 198.0% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q4 2024 (growth of 239.8%); the low point was Q1 2023 (a decline of 96.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.24 (Q1 2026), 0.24 (Q4 2025) and 0.10 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | - |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 0.26 |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 0.96 |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | - |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 0.17 |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 0.00 |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | - |
| 10 | Cartesian Growth | 146.16 Mn | 146.16 Mn | - | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.08 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.30 |
API Access
Cartesian Growth Debt Ratio 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=debt-ratio&ticker=RENEF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "RENEF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=RENEF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();