GMED
Price:
$69.99
Market Cap:
$9.48B
Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. It offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative, deformity, tumors, and trauma conditions; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional pain management solutions to treat vertebral compression fractures; and regenerative biologic products compri...[Read more]
Industry
Medical - Devices
IPO Date
2012-08-03
Stock Exchange
NYSE
Ticker
GMED
According to Globus Medical, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.42. This represents a change of -31.28% compared to the average of 3.53 of the last 4 quarters.
The mean historical Current Ratio of Globus Medical, Inc. over the last ten years is 6.17. The current 2.42 Current Ratio has changed 3.83% with respect to the historical average. Over the past ten years (40 quarters), GMED's Current Ratio was at its highest in in the September 2020 quarter at 8.12. The Current Ratio was at its lowest in in the March 2024 quarter at 2.33.
Average
6.17
Median
6.30
Minimum
4.88
Maximum
6.80
Discovering the peaks and valleys of Globus Medical, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.33%
Maximum Annual Current Ratio = 6.80
Minimum Annual Increase = -20.96%
Minimum Annual Current Ratio = 4.88
Year | Current Ratio | Change |
---|---|---|
2023 | 4.88 | -20.96% |
2022 | 6.18 | 0.14% |
2021 | 6.17 | -9.34% |
2020 | 6.80 | 10.24% |
2019 | 6.17 | -5.95% |
2018 | 6.56 | -1.55% |
2017 | 6.67 | 3.64% |
2016 | 6.43 | -2.39% |
2015 | 6.59 | 25.33% |
2014 | 5.26 | -14.31% |
The current Current Ratio of Globus Medical, Inc. (GMED) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.74
5-year avg
6.04
10-year avg
6.17
Globus Medical, Inc.’s Current Ratio is less than Orthofix Medical Inc. (2.48), greater than CONMED Corporation (2.34), greater than Alphatec Holdings, Inc. (2.22), less than LivaNova PLC (3.45), less than Integer Holdings Corporation (3.29), less than iRhythm Technologies, Inc. (6.92), less than Heska Corporation (5.64), greater than NuVasive, Inc. (1.25), less than Glaukos Corporation (5.48), greater than Bruker Corporation (1.65), less than Nevro Corp. (4.77), less than Insulet Corporation (3.56), less than Inspire Medical Systems, Inc. (9.25), less than NovoCure Limited (6.46), greater than Inari Medical, Inc. (1.80),
Company | Current Ratio | Market cap |
---|---|---|
2.48 | $619.96M | |
2.34 | $2.29B | |
2.22 | $901.05M | |
3.45 | $2.56B | |
3.29 | $4.33B | |
6.92 | $2.10B | |
5.64 | $1.31B | |
1.25 | $2.08B | |
5.48 | $7.10B | |
1.65 | $9.69B | |
4.77 | $193.13M | |
3.56 | $15.06B | |
9.25 | $5.87B | |
6.46 | $1.83B | |
1.80 | $2.65B |
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