KORU Medical Systems, Inc.

KORU Medical Systems, Inc.verified

KRMD

Price:

$2.4

Market Cap:

$110.05M

KORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the ambulatory infusion market in the United States and internationally. It offers mechanical infusion product comprising the FREEDOM infusion systems that include the FREEDOM60 syringe driver, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing. The company also provides education and training materials to clinicians, patients, and patient advocates. It sells its products through direct sales and medical device distributors, as well as online. KORU Medical Systems, Inc. was incorporated in 1980 and is headquartered in Chester, New York.[Read more]

Industry

Medical - Instruments & Supplies

IPO Date

1994-04-05

Stock Exchange

NASDAQ

Ticker

KRMD

The Current Ratio as of September 2024 (TTM) for KORU Medical Systems, Inc. (KRMD) is 3.77

According to KORU Medical Systems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.77. This represents a change of -13.67% compared to the average of 4.37 of the last 4 quarters.

KORU Medical Systems, Inc. (KRMD) Historical Current Ratio (quarterly & annually)

How has KRMD Current Ratio performed in the past?

The mean historical Current Ratio of KORU Medical Systems, Inc. over the last ten years is 6.23. The current 3.77 Current Ratio has changed 5.95% with respect to the historical average. Over the past ten years (40 quarters), KRMD's Current Ratio was at its highest in in the June 2021 quarter at 11.22. The Current Ratio was at its lowest in in the March 2020 quarter at 3.39.

Quarterly (TTM)
Annual

Average

6.23

Median

5.35

Minimum

4.28

Maximum

10.24

KORU Medical Systems, Inc. (KRMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of KORU Medical Systems, 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 = 107.29%

Maximum Annual Current Ratio = 10.24

Minimum Annual Increase = -45.01%

Minimum Annual Current Ratio = 4.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.556.19%
20224.28-45.01%
20217.79-23.91%
202010.24107.29%
20194.94-13.40%
20185.7014.03%
20175.002.47%
20174.88-24.05%
20166.43-24.78%
20158.5424.52%

KORU Medical Systems, Inc. (KRMD) Average Current Ratio

How has KRMD Current Ratio performed in the past?

The current Current Ratio of KORU Medical Systems, Inc. (KRMD) 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

5.54

5-year avg

6.36

10-year avg

6.23

KORU Medical Systems, Inc. (KRMD) Current Ratio vs. Peers

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

KORU Medical Systems, Inc.’s Current Ratio is less than Precision Optics Corporation, Inc. (0), greater than InfuSystem Holdings, Inc. (1.64), greater than Utah Medical Products, Inc. (2.07), less than Milestone Scientific Inc. (25.98), greater than Merit Medical Systems, Inc. (3.00), less than AtriCure, Inc. (6.24), less than Becton, Dickinson and Company (4.13), greater than Pro-Dex, Inc. (1.85), greater than Atrion Corporation (2.82), less than LeMaitre Vascular, Inc. (6.80), less than null (8.09),

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