Growth Metrics

Cartesian Therapeutics (RNAC) Interest Coverage Ratio: 2015-2023

Historic Interest Coverage Ratio for Cartesian Therapeutics (RNAC) over the last 9 years, with Sep 2023 value amounting to -10.26.

  • Cartesian Therapeutics' Interest Coverage Ratio fell 414.76% to -10.26 in Q3 2023 from the same period last year, while for Sep 2023 it was -16.09, marking a year-over-year decrease of 274.22%. This contributed to the annual value of -30.50 for FY2023, which is 735.96% down from last year.
  • Cartesian Therapeutics' Interest Coverage Ratio amounted to -10.26 in Q3 2023, which was up 58.59% from -24.78 recorded in Q2 2023.
  • In the past 5 years, Cartesian Therapeutics' Interest Coverage Ratio registered a high of 19.38 during Q2 2022, and its lowest value of -79.84 during Q2 2020.
  • For the 3-year period, Cartesian Therapeutics' Interest Coverage Ratio averaged around -3.83, with its median value being -2.77 (2021).
  • Per our database at Business Quant, Cartesian Therapeutics' Interest Coverage Ratio surged by 2,949.22% in 2022 and then crashed by 414.76% in 2023.
  • Cartesian Therapeutics' Interest Coverage Ratio (Quarterly) stood at -37.52 in 2019, then surged by 70.48% to -11.08 in 2020, then surged by 151.78% to 5.74 in 2021, then tumbled by 283.55% to -10.53 in 2022, then slumped by 414.76% to -10.26 in 2023.
  • Its Interest Coverage Ratio stands at -10.26 for Q3 2023, versus -24.78 for Q2 2023 and -22.75 for Q1 2023.