Cartesian Therapeutics Inc. - Asset Resilience Ratio

Latest as of December 2023: 0.00%

Cartesian Therapeutics Inc. (RNAC) has an Asset Resilience Ratio of 0.00% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Cartesian Therapeutics Inc. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$0.00
Cash + Short-term Investments

Total Assets

$305.05 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Cartesian Therapeutics Inc.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Cartesian Therapeutics Inc..

Liquid Assets Composition Over Time

This chart breaks down Cartesian Therapeutics Inc.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Cartesian Therapeutics Inc. (RNAC) investment intensity to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $0.00 0%
Total Liquid Assets $0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Cartesian Therapeutics Inc. maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Cartesian Therapeutics Inc. Industry Peers by Asset Resilience Ratio

Compare Cartesian Therapeutics Inc.'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
ALK-Abelló A/S
CO:ALK-B
Biotechnology 0.98%
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
Biotechnology 6.89%
Xiamen Amoytop Biotech Co Ltd
SHG:688278
Biotechnology 4.69%
BB Biotech AG
SW:BION
Biotechnology 92.97%
Soleno Therapeutics Inc
NASDAQ:SLNO
Biotechnology 20.15%
Nanobiotix
NASDAQ:NBTX
Biotechnology 4.71%
Wuhan Keqian Biology Co Ltd
SHG:688526
Biotechnology 19.42%
Beijing Konruns Pharmaceutical Co Ltd
SHG:603590
Biotechnology 10.55%

Annual Asset Resilience Ratio for Cartesian Therapeutics Inc. (2014–2023)

The table below shows the annual Asset Resilience Ratio data for Cartesian Therapeutics Inc..

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 -0.45% $-1.38 Million $305.05 Million -81.59pp
2022-12-31 81.14% $134.60 Million $165.89 Million +1.05pp
2021-12-31 80.09% $128.06 Million $159.88 Million -3.74pp
2020-12-31 83.83% $138.69 Million $165.44 Million -6.45pp
2019-12-31 90.28% $89.89 Million $99.57 Million +6.20pp
2018-12-31 84.09% $37.40 Million $44.48 Million -11.43pp
2017-12-31 95.51% $96.56 Million $101.10 Million +1.29pp
2016-12-31 94.22% $84.14 Million $89.30 Million +84.59pp
2015-12-31 9.63% $4.12 Million $42.82 Million +4.04pp
2014-12-31 5.60% $1.24 Million $22.23 Million --
pp = percentage points

About Cartesian Therapeutics Inc.

NASDAQ:RNAC USA Biotechnology
Market Cap
$230.94 Million
Market Cap Rank
#17214 Global
#4078 in USA
Share Price
$7.86
Change (1 day)
-0.63%
52-Week Range
$5.84 - $10.59
All Time High
$789.90
About

Cartesian Therapeutics, Inc., a clinical-stage biotechnology company, provides mRNA cell therapies for the treatment of autoimmune diseases. The company's lead product candidate is Descartes-08, an autologous mRNA chimeric antigen receptor T-cell cell therapy (CAR-T) directed against the B cell maturation antigen (BCMA), which is in Phase 2b clinical trials for the treatment of autoimmune disease… Read more