Cartesian Therapeutics (RNAC) Debt Ratio (2016 - 2023)

Cartesian Therapeutics (RNAC) has disclosed Debt Ratio for 9 consecutive years, with 0.09 as the latest value for Q4 2023.

  • On a quarterly basis, Debt Ratio fell 41.39% to 0.09 in Q4 2023 year-over-year; TTM through Dec 2023 was 0.09, a 41.39% decrease, with the full-year FY2023 number at 0.09, down 41.39% from a year prior.
  • Debt Ratio was 0.09 for Q4 2023 at Cartesian Therapeutics, down from 0.17 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.53 in Q3 2019 to a low of 0.09 in Q4 2023.
  • A 5-year average of 0.2 and a median of 0.16 in 2021 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: soared 58.9% in 2019, then tumbled 74.33% in 2020.
  • 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 dropped by 1.26% to 0.16 in 2022, then tumbled by 41.39% to 0.09 in 2023.
  • Per Business Quant, the three most recent readings for RNAC's Debt Ratio are 0.09 (Q4 2023), 0.17 (Q2 2023), and 0.17 (Q1 2023).