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.
- For Q3 2023, Interest Coverage Ratio fell 414.76% year-over-year to 10.26; the TTM value through Jun 2024 reached 38.48, down 158.84%, while the annual FY2023 figure was 30.5, 735.96% down from the prior year.
- Interest Coverage Ratio hit 10.26 in Q3 2023 for Cartesian Therapeutics, up from 24.78 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 19.38 in Q2 2022 and bottomed 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.
- Year-over-year, Interest Coverage Ratio soared 2949.22% in 2022 and then crashed 414.76% in 2023.
- Cartesian Therapeutics' Interest Coverage Ratio stood at 37.52 in 2019, then skyrocketed by 70.48% to 11.08 in 2020, then soared by 151.78% to 5.74 in 2021, then plummeted by 283.55% to 10.53 in 2022, then increased 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.