MDxHealth SA

MDxHealth SAverified

MDXH

Price:

$2.04

Market Cap:

$100.97M

MDxHealth SA, a commercial-stage precision diagnostics company, provides urologic solutions in the United States, the Netherlands, Belgium, Spain, Poland, Italy, rest of European Union, and internationally. Its novel prostate cancer genomic testing solutions are SelectMDx, a non-invasive urine test; and ConfirmMDx, an epigenetic test, which provide physicians with a clinical pathway to identify clinically prostate cancer while minimizing the use of invasive procedures that are prone to complications. The company was formerly known as OncoMethylome Sciences SA and changed its name to MDxHealth SA in October 2010. MDxHealth SA was incorporated in 2003 and is headquartered in Herstal, Belgium.[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

2021-11-04

Stock Exchange

NASDAQ

Ticker

MDXH

The Current Ratio as of November 2024 (TTM) for MDxHealth SA (MDXH) is 0.91

According to MDxHealth SA’s latest financial reports and current stock price. The company's current Current Ratio is 0.91. This represents a change of -47.87% compared to the average of 1.74 of the last 4 quarters.

MDxHealth SA (MDXH) Historical Current Ratio (quarterly & annually)

How has MDXH Current Ratio performed in the past?

The mean historical Current Ratio of MDxHealth SA over the last ten years is 3.17. The current 0.91 Current Ratio has changed 2.77% with respect to the historical average. Over the past ten years (40 quarters), MDXH's Current Ratio was at its highest in in the March 2022 quarter at 12.82. The Current Ratio was at its lowest in in the June 2024 quarter at 0.91.

Quarterly (TTM)
Annual

Average

3.17

Median

3.48

Minimum

1.59

Maximum

4.17

MDxHealth SA (MDXH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MDxHealth SA 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 = 128.57%

Maximum Annual Current Ratio = 4.17

Minimum Annual Increase = -60.66%

Minimum Annual Current Ratio = 1.59

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.9522.57%
20221.59-60.66%
20214.05128.57%
20201.77-40.17%
20192.96-28.92%
20184.1739.11%
20173.00-26.68%
20164.09-0.87%
20154.124.07%
20143.96-30.46%

MDxHealth SA (MDXH) Average Current Ratio

How has MDXH Current Ratio performed in the past?

The current Current Ratio of MDxHealth SA (MDXH) 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

2.53

5-year avg

2.47

10-year avg

3.17

MDxHealth SA (MDXH) Current Ratio vs. Peers

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

MDxHealth SA’s Current Ratio is less than Inozyme Pharma, Inc. (9.84), less than Day One Biopharmaceuticals, Inc. (14.62), less than Acumen Pharmaceuticals, Inc. (17.37), less than Eledon Pharmaceuticals, Inc. (14.48), less than Elevation Oncology, Inc. (41.10),

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