Cartesian Therapeutics (RNAC) Debt Ratio (2015 - 2023)
Cartesian Therapeutics' (RNAC) quarterly Debt Ratio came in at 0.17 in Q2 2023, up 24.94% year-on-year from 0.14 in Q2 2022, and up 1.37% on a QoQ basis from 0.17 in Q1 2023.
Cartesian Therapeutics (RNAC) Debt Ratio (2015 - 2023) Analysis & Trends
Cartesian Therapeutics (RNAC) has 9 years of Debt Ratio data on file, last reported at 0.17 in Q2 2023.
- On a quarterly basis, Debt Ratio rose 24.94% year-over-year to 0.17 in Q2 2023; TTM through Jun 2023 was 0.17, a 24.94% increase from a year earlier, with the FY2022 full-year figure at 0.16, down 1.26% from the prior year.
- Debt Ratio for Q2 2023 stood at 0.17, up from 0.17 in the prior quarter.
- Over the last five years, Debt Ratio for RNAC reached as high as 0.53 in Q3 2019 and fell as low as 0.14 in Q3 2020.
- Historically, Debt Ratio has averaged 0.21 across 5 years, with a median of 0.17 in 2021.
- Across the five-year window, Debt Ratio jumped 58.9% in 2019 and tumbled 74.33% in 2020, its largest moves.
- Year by year, Debt Ratio stood at 0.19 in 2019, then fell by 21.07% to 0.15 in 2020, then rose by 6.98% to 0.16 in 2021, then slipped by 1.26% to 0.16 in 2022, then climbed by 8.77% to 0.17 in 2023.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.17 in Q2 2023, 0.17 in Q1 2023, and 0.16 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | - |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | 1.41 |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 0.11 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | - |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 0.05 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | - |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Cartesian Therapeutics | 210.28 Mn | 210.28 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2018 | 0.48 |
| Sep 30, 2018 | 0.35 |