Cartesian Therapeutics, Inc. (RNAC)
Total Valuation
RNAC has a market cap or net worth of $106.51 million. The enterprise value is $40.56 million.
Market Cap | 106.51M |
Enterprise Value | 40.56M |
Important Dates
The last earnings date was Thursday, March 7, 2024, before market open.
Earnings Date | Mar 7, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
RNAC has 161.95 million shares outstanding. The number of shares has increased by 6.33% in one year.
Shares Outstanding | 161.95M |
Shares Change (YoY) | +6.33% |
Shares Change (QoQ) | +2.60% |
Owned by Insiders (%) | 30.65% |
Owned by Institutions (%) | 40.66% |
Float | 103.76M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 25.45 |
PS Ratio | 4.10 |
Forward PS | 6.96 |
PB Ratio | n/a |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 1.56 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.33
Current Ratio | 1.33 |
Quick Ratio | 1.26 |
Debt / Equity | n/a |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -83.26 |
Financial Efficiency
Return on Equity (ROE) | n/a |
Return on Assets (ROA) | -124.40% |
Return on Capital (ROIC) | n/a |
Revenue Per Employee | $702,811 |
Profits Per Employee | -$5.94M |
Employee Count | 37 |
Asset Turnover | 0.15 |
Inventory Turnover | n/a |
Taxes
Income Tax | -19.00M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -50.35% in the last 52 weeks. The beta is 0.83, so RNAC's price volatility has been lower than the market average.
Beta (1Y) | 0.83 |
52-Week Price Change | -50.35% |
50-Day Moving Average | 0.70 |
200-Day Moving Average | 0.96 |
Relative Strength Index (RSI) | 48.33 |
Average Volume (30 Days) | 674,142 |
Short Selling Information
The latest short interest is 8.30 million, so 5.13% of the outstanding shares have been sold short.
Short Interest | 8.30M |
Short Previous Month | 6.52M |
Short % of Shares Out | 5.13% |
Short % of Float | 8.00% |
Short Ratio (days to cover) | 13.74 |
Income Statement
In the last 12 months, RNAC had revenue of $26.00 million and -$219.71 million in losses. Loss per share was -$1.66.
Revenue | 26.00M |
Gross Profit | 26.00M |
Operating Income | -86.42M |
Pretax Income | -238.71M |
Net Income | -219.71M |
EBITDA | -233.28M |
EBIT | -235.88M |
Loss Per Share | -$1.66 |
Balance Sheet
The company has $76.91 million in cash and $10.96 million in debt, giving a net cash position of $65.96 million or $0.41 per share.
Cash & Cash Equivalents | 76.91M |
Total Debt | 10.96M |
Net Cash | 65.96M |
Net Cash Per Share | $0.41 |
Equity / Book Value | -440.18M |
Book Value Per Share | -2.72 |
Working Capital | 22.52M |
Cash Flow
In the last 12 months, operating cash flow was -$51.16 million and capital expenditures -$206,000, giving a free cash flow of -$51.37 million.
Operating Cash Flow | -51.16M |
Capital Expenditures | -206,000 |
Free Cash Flow | -51.37M |
FCF Per Share | -$0.33 |
Margins
Gross margin is 100.00%, with operating and profit margins of -332.32% and -844.91%.
Gross Margin | 100.00% |
Operating Margin | -332.32% |
Pretax Margin | -917.97% |
Profit Margin | -844.91% |
EBITDA Margin | -897.09% |
EBIT Margin | -907.08% |
FCF Margin | -197.53% |
Dividends & Yields
RNAC does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -6.33% |
Shareholder Yield | -6.33% |
Earnings Yield | -206.27% |
FCF Yield | -48.23% |
Analyst Forecast
The average price target for RNAC is $2.00, which is 202.85% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $2.00 |
Price Target Difference | 202.85% |
Analyst Consensus | Strong Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on December 1, 2023. It was a forward split with a ratio of 2:1.
Last Split Date | Dec 1, 2023 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
RNAC has an Altman Z-Score of -5.06 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -5.06 |
Piotroski F-Score | 2 |