Medifast, Inc.

Medifast, Inc.verified

MED

Price:

$18.51

Market Cap:

$202.45M

Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.[Read more]

Industry

Personal Products & Services

IPO Date

1993-12-30

Stock Exchange

NYSE

Ticker

MED

The Current Ratio as of September 2024 (TTM) for Medifast, Inc. (MED) is 2.98

According to Medifast, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.98. This represents a change of 15.96% compared to the average of 2.57 of the last 4 quarters.

Medifast, Inc. (MED) Historical Current Ratio (quarterly & annually)

How has MED Current Ratio performed in the past?

The mean historical Current Ratio of Medifast, Inc. over the last ten years is 2.66. The current 2.98 Current Ratio has changed 11.13% with respect to the historical average. Over the past ten years (40 quarters), MED's Current Ratio was at its highest in in the March 2017 quarter at 4.48. The Current Ratio was at its lowest in in the June 2022 quarter at 1.29.

Quarterly (TTM)
Annual

Average

2.66

Median

2.42

Minimum

1.58

Maximum

4.15

Medifast, Inc. (MED) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Medifast, 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 = 53.50%

Maximum Annual Current Ratio = 4.15

Minimum Annual Increase = -28.44%

Minimum Annual Current Ratio = 1.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.4353.50%
20221.58-12.49%
20211.81-14.13%
20202.108.37%
20191.94-19.51%
20182.41-28.44%
20173.37-18.73%
20164.1510.98%
20153.7422.94%
20143.04-10.40%

Medifast, Inc. (MED) Average Current Ratio

How has MED Current Ratio performed in the past?

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

3-year avg

1.94

5-year avg

1.97

10-year avg

2.66

Medifast, Inc. (MED) Current Ratio vs. Peers

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

Medifast, Inc.’s Current Ratio is greater than Rollins, Inc. (0.78), greater than Carriage Services, Inc. (0.85), greater than Service Corporation International (0.55), greater than Bright Horizons Family Solutions Inc. (0.56), greater than H&R Block, Inc. (1.02), greater than Diversey Holdings, Ltd. (1.16), greater than Mister Car Wash, Inc. (0.28), greater than Interactive Strength Inc. (0.23), greater than Smart Share Global Limited (2.89),

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