Growth Metrics

Cartesian Therapeutics (RNAC) Debt Ratio: 2015-2023

Historic Debt Ratio for Cartesian Therapeutics (RNAC) over the last 8 years, with Dec 2023 value amounting to 0.09.

  • Cartesian Therapeutics' Debt Ratio fell 41.39% to 0.09 in Q4 2023 from the same period last year, while for Dec 2023 it was 0.09, marking a year-over-year decrease of 41.39%. This contributed to the annual value of 0.09 for FY2023, which is 41.39% down from last year.
  • According to the latest figures from Q4 2023, Cartesian Therapeutics' Debt Ratio is 0.09, which was down 46.11% from 0.17 recorded in Q2 2023.
  • In the past 5 years, Cartesian Therapeutics' Debt Ratio ranged from a high of 0.53 in Q3 2019 and a low of 0.09 during Q4 2023.
  • Moreover, its 3-year median value for Debt Ratio was 0.15 (2021), whereas its average is 0.15.
  • Per our database at Business Quant, Cartesian Therapeutics' Debt Ratio spiked by 58.90% in 2019 and then tumbled by 74.33% in 2020.
  • Cartesian Therapeutics' Debt Ratio (Quarterly) stood at 0.19 in 2019, then dropped by 21.07% to 0.15 in 2020, then increased by 6.98% to 0.16 in 2021, then dropped by 1.26% to 0.16 in 2022, then crashed by 41.39% to 0.09 in 2023.
  • Its last three reported values are 0.09 in Q4 2023, 0.17 for Q2 2023, and 0.17 during Q1 2023.