Cartesian Therapeutics (RNAC) Interest Coverage Ratio (2016 - 2023)

Cartesian Therapeutics (RNAC) has disclosed Interest Coverage Ratio for 9 consecutive years, with 10.26 as the latest value for Q3 2023.

  • Quarterly Interest Coverage Ratio fell 414.76% to 10.26 in Q3 2023 from the year-ago period, while the trailing twelve-month figure was 38.48 through Jun 2024, down 158.84% year-over-year, with the annual reading at 30.5 for FY2023, 735.96% down from the prior year.
  • Interest Coverage Ratio for Q3 2023 was 10.26 at Cartesian Therapeutics, up from 24.78 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 19.38 in Q2 2022, with the low at 79.84 in Q2 2020.
  • Average Interest Coverage Ratio over 5 years is 19.9, with a median of 11.08 recorded in 2020.
  • The sharpest move saw Interest Coverage Ratio surged 2949.22% in 2022, then tumbled 414.76% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 37.52 in 2019, then soared by 70.48% to 11.08 in 2020, then surged by 151.78% to 5.74 in 2021, then crashed by 283.55% to 10.53 in 2022, then grew by 2.51% to 10.26 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 10.26, 24.78, and 22.75 for Q3 2023, Q2 2023, and Q1 2023 respectively.