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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | - |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 0.05 |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | - |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 0.12 |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | - |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | 0.47 |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | - |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | 0.26 |
| 10 | Cartesian Therapeutics | 265.54 Mn | 265.54 Mn | - | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| 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 |