Cartesian Therapeutics (RNAC) Debt Ratio (2015 - 2023)

Cartesian Therapeutics (RNAC) reported Debt Ratio of 0.09 for Q4 2023, down 13.45% year-over-year from 0.11 in Q4 2022, and down 46.11% quarter-over-quarter from 0.17 in Q2 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 0.09 in Q4 2023.

  • Debt Ratio for Q4 2023 came in at 0.09, down 13.45% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.09 (down 13.45% YoY), and the FY2023 annual result was 0.09, down 13.45% from the prior year.
  • Debt Ratio eased to 0.09 in Q4 2023 per RNAC's latest filing, from 0.17 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.53 in Q3 2019 and troughed at 0.09 in Q4 2023.
  • A 5-year average of 0.2 and a median of 0.16 in 2021 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2019 and 2020: Debt Ratio soared 58.9% in 2019, then sank 74.33% in 2020.
  • A 5-year view of Debt Ratio shows it stood at 0.19 in 2019, then slipped by 21.07% to 0.15 in 2020, then climbed by 6.98% to 0.16 in 2021, then plunged by 33.13% to 0.11 in 2022, then decreased by 13.45% to 0.09 in 2023.
  • Business Quant data shows RNAC's Debt Ratio at 0.09 in Q4 2023, 0.17 in Q2 2023, and 0.17 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.18
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Cartesian Therapeutics 261.84 Mn 261.84 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.09
Jun 30, 2023 0.17
Mar 31, 2023 0.17
Dec 31, 2022 0.11
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