Cartesian Therapeutics (RNAC) Debt Ratio (2015 - 2026)
Cartesian Therapeutics (RNAC) posted quarterly Debt Ratio of 0.17 for Q2 2023, up 24.94% year-over-year from 0.14 in Q2 2022, and up 1.37% quarter-over-quarter from 0.17 in Q1 2023.
Analysis
Cartesian Therapeutics (RNAC) Debt Ratio (2015 - 2026) Analysis & Trends
Cartesian Therapeutics (RNAC) has reported Debt Ratio for 9 consecutive years, with 0.17 the latest figure, recorded in Q2 2023.
- In Q2 2023, Debt Ratio rose 24.94% year-over-year to 0.17; the TTM figure through Jun 2023 stood at 0.17 (up 24.94% YoY), while the FY2022 annual figure was 0.16, down 1.26% from the prior year.
- Debt Ratio rose to 0.17 in Q2 2023 per RNAC's latest filing, from 0.17 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.53 in Q3 2019 and bottomed at 0.14 in Q3 2020.
- Historically, Debt Ratio has averaged 0.21 across 5 years, with a median of 0.17 in 2021.
- Annual changes were most pronounced in 2019 — Debt Ratio soared 58.9% — and 2020, when it sank 74.33%.
- Cartesian Therapeutics' Debt Ratio stood at 0.19 in 2019, then dropped by 21.07% to 0.15 in 2020, then grew by 6.98% to 0.16 in 2021, then retreated by 1.26% to 0.16 in 2022, then gained by 8.77% to 0.17 in 2023.
- Business Quant data shows RNAC's Debt Ratio at 0.17 in Q2 2023, 0.17 in Q1 2023, and 0.16 in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 0.05 |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 0.12 |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | - |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 0.47 |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 0.26 |
| 10 | Cartesian Therapeutics | 271.98 Mn | 271.98 Mn | - | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Dec 31, 2023 | 0.09 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 0.15 |
| Jun 30, 2021 | 0.14 |
| Mar 31, 2021 | 0.14 |
| Dec 31, 2020 | 0.15 |
| Sep 30, 2020 | 0.14 |
| Jun 30, 2020 | 0.20 |
| Mar 31, 2020 | 0.19 |
| Dec 31, 2019 | 0.19 |
| Sep 30, 2019 | 0.53 |
| Jun 30, 2019 | 0.46 |
| Mar 31, 2019 | 0.34 |