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

Cartesian Therapeutics (RNAC) has disclosed Interest Coverage Ratio for 8 consecutive years, with 10.26 as the latest value for Q3 2023.

  • On a quarterly basis, Interest Coverage Ratio fell 414.76% to 10.26 in Q3 2023 year-over-year; TTM through Jun 2024 was 38.48, a 158.84% decrease, with the full-year FY2023 number at 30.5, down 735.96% from a year prior.
  • Interest Coverage Ratio was 10.26 for Q3 2023 at Cartesian Therapeutics, up from 24.78 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 19.38 in Q2 2022 to a low of 79.84 in Q2 2020.
  • A 5-year average of 19.9 and a median of 11.08 in 2020 define the central range for Interest Coverage Ratio.
  • Peak YoY movement for Interest Coverage Ratio: skyrocketed 2949.22% in 2022, then plummeted 414.76% in 2023.
  • Cartesian Therapeutics' Interest Coverage Ratio stood at 37.52 in 2019, then surged by 70.48% to 11.08 in 2020, then skyrocketed by 151.78% to 5.74 in 2021, then tumbled by 283.55% to 10.53 in 2022, then rose by 2.51% to 10.26 in 2023.
  • Per Business Quant, the three most recent readings for RNAC's Interest Coverage Ratio are 10.26 (Q3 2023), 24.78 (Q2 2023), and 22.75 (Q1 2023).