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
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.
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.
Average
2.66
Median
2.42
Minimum
1.58
Maximum
4.15
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
Year | Current Ratio | Change |
---|---|---|
2023 | 2.43 | 53.50% |
2022 | 1.58 | -12.49% |
2021 | 1.81 | -14.13% |
2020 | 2.10 | 8.37% |
2019 | 1.94 | -19.51% |
2018 | 2.41 | -28.44% |
2017 | 3.37 | -18.73% |
2016 | 4.15 | 10.98% |
2015 | 3.74 | 22.94% |
2014 | 3.04 | -10.40% |
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.’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),
Company | Current Ratio | Market cap |
---|---|---|
0.78 | $24.02B | |
0.85 | $491.69M | |
0.55 | $11.26B | |
0.56 | $7.98B | |
1.02 | $8.78B | |
1.16 | $2.72B | |
0.28 | $1.95B | |
0.23 | $1.67M | |
2.89 | $149.87M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Medifast, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Medifast, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Medifast, Inc.'s Current Ratio?
How is the Current Ratio calculated for Medifast, Inc. (MED)?
What is the highest Current Ratio for Medifast, Inc. (MED)?
What is the 3-year average Current Ratio for Medifast, Inc. (MED)?
What is the 5-year average Current Ratio for Medifast, Inc. (MED)?
How does the current Current Ratio for Medifast, Inc. (MED) compare to its historical average?