Inrad Optics, Inc.

Inrad Optics, Inc.verified

INRD

Price:

$1.09

Market Cap:

$18.28M

Inrad Optics, Inc., together with its subsidiaries, develops, manufactures, and markets crystal-based optical components and devices, custom optical components, and precision optical and opto-mechanical assemblies worldwide. The company provides optical components, optical coatings, and subassemblies; and UV filter optical components for use in critical applications in defense systems, such as missile warning sensors, as well as opto-mechanical design and assembly services. Its optical components include planar, prismatic, and spherical components fabricated from glass and synthetic crystals; and various components consist of large form factor transmission flats, optical windows for airborne...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1999-04-08

Stock Exchange

PNK

Ticker

INRD

The Current Ratio as of December 2024 (TTM) for Inrad Optics, Inc. (INRD) is 1.71

According to Inrad Optics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -44.14% compared to the average of 3.06 of the last 4 quarters.

Inrad Optics, Inc. (INRD) Historical Current Ratio (quarterly & annually)

How has INRD Current Ratio performed in the past?

The mean historical Current Ratio of Inrad Optics, Inc. over the last ten years is 3.24. The current 1.71 Current Ratio has changed 5.18% with respect to the historical average. Over the past ten years (40 quarters), INRD's Current Ratio was at its highest in in the December 2021 quarter at 4.56. The Current Ratio was at its lowest in in the March 2024 quarter at 1.71.

Quarterly (TTM)
Annual

Average

3.24

Median

3.14

Minimum

2.46

Maximum

4.56

Inrad Optics, Inc. (INRD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Inrad Optics, 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 = 60.70%

Maximum Annual Current Ratio = 4.56

Minimum Annual Increase = -33.97%

Minimum Annual Current Ratio = 2.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.6722.14%
20223.01-33.97%
20214.5660.70%
20202.8411.90%
20192.53-27.67%
20183.5042.59%
20172.46-13.51%
20162.84-13.30%
20153.28-10.67%
20143.67-33.02%

Inrad Optics, Inc. (INRD) Average Current Ratio

How has INRD Current Ratio performed in the past?

The current Current Ratio of Inrad Optics, Inc. (INRD) 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

3.75

5-year avg

3.32

10-year avg

3.24

Inrad Optics, Inc. (INRD) Current Ratio vs. Peers

How is INRD’s Current Ratio compared to its peers?

Inrad Optics, Inc.’s Current Ratio is less than M-tron Industries, Inc. (4.66), less than IEH Corporation (7.56), less than Micropac Industries, Inc. (8.37), less than Deswell Industries, Inc. (5.07), less than LSI Industries Inc. (2.08), less than TTM Technologies, Inc. (2.00), less than MicroCloud Hologram Inc. (13.53), greater than KULR Technology Group, Inc. (0.81), less than Bel Fuse Inc. (4.00), less than eMagin Corporation (3.44), less than Ouster, Inc. (3.12), less than LightPath Technologies, Inc. (1.73), greater than Daktronics, Inc. (1.67), less than CPS Technologies Corporation (3.99), greater than Meta Materials Inc. (0.58), greater than Kopin Corporation (1.43), greater than Tempo Automation Holdings, Inc. (0.30),

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