IRIDEX Corporation

IRIDEX Corporationverified

IRIX

Price:

$1.9895

Market Cap:

$33.10M

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser photocoagulation systems, which are used for the treatment of diabetic macular edema and other retinal diseases; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, inc...[Read more]

Industry

Medical - Devices

IPO Date

1996-02-16

Stock Exchange

NASDAQ

Ticker

IRIX

The Current Ratio as of September 2024 (TTM) for IRIDEX Corporation (IRIX) is 1.55

According to IRIDEX Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of -22.78% compared to the average of 2.01 of the last 4 quarters.

IRIDEX Corporation (IRIX) Historical Current Ratio (quarterly & annually)

How has IRIX Current Ratio performed in the past?

The mean historical Current Ratio of IRIDEX Corporation over the last ten years is 3.60. The current 1.55 Current Ratio has changed 4.21% with respect to the historical average. Over the past ten years (40 quarters), IRIX's Current Ratio was at its highest in in the April 2017 quarter at 6.28. The Current Ratio was at its lowest in in the June 2024 quarter at 1.55.

Quarterly (TTM)
Annual

Average

3.60

Median

3.46

Minimum

2.12

Maximum

5.42

IRIDEX Corporation (IRIX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IRIDEX Corporation 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 = 30.92%

Maximum Annual Current Ratio = 5.42

Minimum Annual Increase = -29.97%

Minimum Annual Current Ratio = 2.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.12-26.33%
20222.87-14.04%
20223.3414.38%
20212.92-6.51%
20193.12-12.55%
20183.57-5.88%
20173.80-29.97%
20165.4230.92%
20164.14-11.39%
20154.677.61%

IRIDEX Corporation (IRIX) Average Current Ratio

How has IRIX Current Ratio performed in the past?

The current Current Ratio of IRIDEX Corporation (IRIX) 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

2.78

5-year avg

2.87

10-year avg

3.60

IRIDEX Corporation (IRIX) Current Ratio vs. Peers

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

IRIDEX Corporation’s Current Ratio is greater than Aziyo Biologics, Inc. (0.87), greater than Ainos, Inc. (1.48), less than Surmodics, Inc. (3.98), less than LENSAR, Inc. (3.88), greater than Anteris Technologies Ltd (0.96), greater than Ainos, Inc. (1.48), less than Armm Inc. (0), less than BICO Group AB (publ) (2.59), less than Bone Biologics Corporation (11.22), less than enVVeno Medical Corporation (23.33), greater than PetVivo Holdings, Inc. (0.81), less than Talis Biomedical Corporation (7.76), greater than Tenon Medical, Inc. (1.20), greater than STRATA Skin Sciences, Inc. (1.14), greater than Sientra, Inc. (0.57), less than AxoGen, Inc. (3.51), less than RxSight, Inc. (14.33), less than Treace Medical Concepts, Inc. (3.86), less than Pulmonx Corporation (8.96), less than Orthofix Medical Inc. (2.48),

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