Medicure Inc.

Medicure Inc.verified

MCUJF

Price:

$0.73

Market Cap:

$10.33M

Medicure Inc., a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market in Canada and the United States. The company markets and distributes AGGRASTAT injection, a glycoprotein GP IIb/IIIa receptor antagonist for the treatment of acute coronary syndrome, including unstable angina and non-Q-wave myocardial infarction. It also offers ZYPITAMAG to treat patients with primary hyperlipidemia or mixed dyslipidemia. In addition, the company offers ReDS, a non-invasive medical device that offers measurement of lung fluid for the management of congestive heart failure. Further, the company offers Sodium Nitroprusside inj...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2004-02-19

Stock Exchange

PNK

Ticker

MCUJF

The Current Ratio as of September 2024 (TTM) for Medicure Inc. (MCUJF) is 1.87

According to Medicure Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.87. This represents a change of -7.57% compared to the average of 2.02 of the last 4 quarters.

Medicure Inc. (MCUJF) Historical Current Ratio (quarterly & annually)

How has MCUJF Current Ratio performed in the past?

The mean historical Current Ratio of Medicure Inc. over the last ten years is 2.05. The current 1.87 Current Ratio has changed 8.99% with respect to the historical average. Over the past ten years (40 quarters), MCUJF's Current Ratio was at its highest in in the March 2018 quarter at 7.98. The Current Ratio was at its lowest in in the March 2017 quarter at 0.60.

Quarterly (TTM)
Annual

Average

2.05

Median

1.73

Minimum

0.89

Maximum

5.29

Medicure Inc. (MCUJF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Medicure 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 = 189.26%

Maximum Annual Current Ratio = 5.29

Minimum Annual Increase = -52.65%

Minimum Annual Current Ratio = 0.89

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.928.30%
20221.7719.98%
20211.4715.82%
20201.27-52.65%
20192.69-49.17%
20185.29101.71%
20172.62189.26%
20160.91-46.20%
20151.6990.45%
20140.89111.06%

Medicure Inc. (MCUJF) Average Current Ratio

How has MCUJF Current Ratio performed in the past?

The current Current Ratio of Medicure Inc. (MCUJF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.72

5-year avg

1.82

10-year avg

2.05

Medicure Inc. (MCUJF) Current Ratio vs. Peers

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

Medicure Inc.’s Current Ratio is less than Covalon Technologies Ltd. (5.24), less than Ceapro Inc. (7.10), less than Pacific Health Care Organization, Inc. (16.35), greater than Vext Science, Inc. (1.58), less than Pharma-Bio Serv, Inc. (8.39),

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