InVitro International

InVitro Internationalverified

IVRO

Price:

$0.09

Market Cap:

$2.05M

InVitro International develops test kits for non-animal testing in the United States and internationally. Its products include Irritection Assay System, an invitro test, which could be used to detect, rank, and predict the ocular and/or dermal irritation potential of cosmetics, consumer products, pharmaceuticals, and chemical raw materials; and Corrositex, an invitro test that determines chemical corrosivity. The company also provides customized technology services for Irritection Assay System installation and testing process, as well as independent testing laboratory services for irritancy and corrosivity testing requirements. Its products are principally used by the manufacturers of surfac...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1991-05-16

Stock Exchange

PNK

Ticker

IVRO

The Current Ratio as of September 2024 (TTM) for InVitro International (IVRO) is 30.23

According to InVitro International’s latest financial reports and current stock price. The company's current Current Ratio is 30.23. This represents a change of 22.55% compared to the average of 24.66 of the last 4 quarters.

InVitro International (IVRO) Historical Current Ratio (quarterly & annually)

How has IVRO Current Ratio performed in the past?

The mean historical Current Ratio of InVitro International over the last ten years is 12.07. The current 30.23 Current Ratio has changed 24.95% with respect to the historical average. Over the past ten years (40 quarters), IVRO's Current Ratio was at its highest in in the March 2023 quarter at 31.13. The Current Ratio was at its lowest in in the December 1991 quarter at 0.

Quarterly (TTM)
Annual

Average

12.07

Median

12.54

Minimum

0

Maximum

21.68

InVitro International (IVRO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of InVitro International 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 = Infinity%

Maximum Annual Current Ratio = 21.68

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
202318.57-14.34%
202221.68172.30%
20217.9611.37%
20207.15-19.08%
20198.84-46.14%
201816.409.49%
201714.988.67%
201613.7922.13%
201511.29Infinity%
20140-100.00%

InVitro International (IVRO) Average Current Ratio

How has IVRO Current Ratio performed in the past?

The current Current Ratio of InVitro International (IVRO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

16.07

5-year avg

12.84

10-year avg

12.07

InVitro International (IVRO) Current Ratio vs. Peers

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

InVitro International’s Current Ratio is greater than Izotropic Corporation (0.04), greater than Biodesix, Inc. (3.28), greater than Neuronetics, Inc. (2.58), greater than Star Equity Holdings, Inc. (2.01), greater than Burning Rock Biotech Limited (3.11), greater than DarioHealth Corp. (2.26), greater than Genetron Holdings Limited (1.82), greater than Sera Prognostics, Inc. (2.08), greater than Olink Holding AB (publ) (5.60), greater than Exagen Inc. (4.32), greater than VolitionRx Limited (0.24), greater than Intelligent Bio Solutions Inc. (1.57), greater than bioAffinity Technologies, Inc. (1.15), greater than SeqLL Inc. (1.06), greater than HTG Molecular Diagnostics, Inc. (1.40), greater than T2 Biosystems, Inc. (0.60), greater than Biocept, Inc. (1.81), greater than iSpecimen Inc. (0.90),

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