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
DateValue
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