Cartesian Therapeutics (RNAC) Interest Expenses (2015 - 2023)

Cartesian Therapeutics (RNAC) reported Interest Expenses of $1.3 million for Q3 2023, up 58.73% year-over-year from $802000.0 in Q3 2022, and up 69.28% quarter-over-quarter from $752000.0 in Q2 2023.

Cartesian Therapeutics (RNAC) Interest Expenses (2015 - 2023) Analysis & Trends

Cartesian Therapeutics (RNAC) has 9 years of Interest Expenses data on file, last reported at $1.3 million in Q3 2023.

  • Interest Expenses for Q3 2023 came in at $1.3 million, up 58.73% year-over-year; the trailing twelve-month figure through Jun 2024 was $1.3 million (down 59.83% YoY), and the FY2023 annual result was $2.8 million, down 6.53% from the prior year.
  • Interest Expenses grew to $1.3 million in Q3 2023 per RNAC's latest filing, from $752000.0 in the prior quarter.
  • Over five years, Interest Expenses peaked at $1.3 million in Q3 2023 and troughed at $205000.0 in Q2 2020.
  • A 5-year average of $620157.9 and a median of $711000.0 in 2021 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2019 and 2020: Interest Expenses surged 5683.33% in 2019, then tumbled 48.75% in 2020.
  • A 5-year view of Interest Expenses shows it stood at $335000.0 in 2019, then surged by 112.84% to $713000.0 in 2020, then slipped by 0.28% to $711000.0 in 2021, then grew by 13.5% to $807000.0 in 2022, then soared by 57.74% to $1.3 million in 2023.
  • Business Quant data shows RNAC's Interest Expenses at $1.3 million in Q3 2023, $752000.0 in Q2 2023, and $808000.0 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -5.50 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -332,000.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 61,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -2,753.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -5.58 Mn
10 Cartesian Therapeutics 261.84 Mn 261.84 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 1.27 Mn
Sep 30, 2023 1.27 Mn
Jun 30, 2023 752,000.00
Jun 30, 2023 752,000.00
Mar 31, 2023 808,000.00
Mar 31, 2023 808,000.00
Dec 31, 2022 807,000.00
Dec 31, 2022 807,000.00
Sep 30, 2022 802,000.00
Sep 30, 2022 802,000.00
Jun 30, 2022 715,000.00
Jun 30, 2022 715,000.00
Mar 31, 2022 707,000.00
Mar 31, 2022 707,000.00
Dec 31, 2021 711,000.00
Dec 31, 2021 711,000.00
Sep 30, 2021 711,000.00
Sep 30, 2021 711,000.00
Jun 30, 2021 711,000.00
Jun 30, 2021 711,000.00