Mangoceuticals, Inc.

Mangoceuticals, Inc.verified

MGRX

Price:

$0.2603

Market Cap:

$7.78M

Mangoceuticals, Inc. focuses on develops, markets, and sells various men's wellness products and services through a telemedicine platform. It offers erectile dysfunction products under the Mango brand name. The company sells its products through online website mangorx.com. Mangoceuticals, Inc. was incorporated in 2021 and is headquartered in Dallas, Texas. Mangoceuticals, Inc. operates as a subsidiary of Cohen Enterprises, Inc.[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2023-03-21

Stock Exchange

NASDAQ

Ticker

MGRX

The Current Ratio as of September 2024 (TTM) for Mangoceuticals, Inc. (MGRX) is 0.38

According to Mangoceuticals, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.38. This represents a change of -88.23% compared to the average of 3.19 of the last 4 quarters.

Mangoceuticals, Inc. (MGRX) Historical Current Ratio (quarterly & annually)

How has MGRX Current Ratio performed in the past?

The mean historical Current Ratio of Mangoceuticals, Inc. over the last ten years is 2.37. The current 0.38 Current Ratio has changed 1.48% with respect to the historical average. Over the past ten years (40 quarters), MGRX's Current Ratio was at its highest in in the March 2023 quarter at 20.91. The Current Ratio was at its lowest in in the December 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

2.37

Median

2.67

Minimum

0.57

Maximum

3.88

Mangoceuticals, Inc. (MGRX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mangoceuticals, 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 = 364.21%

Maximum Annual Current Ratio = 3.88

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.8845.46%
20222.67364.21%

Mangoceuticals, Inc. (MGRX) Average Current Ratio

How has MGRX Current Ratio performed in the past?

The current Current Ratio of Mangoceuticals, Inc. (MGRX) 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

2.37

5-year avg

2.37

10-year avg

2.37

Mangoceuticals, Inc. (MGRX) Current Ratio vs. Peers

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

Mangoceuticals, Inc.’s Current Ratio is greater than FOXO Technologies Inc. (0.02), greater than ETAO International Co., Ltd. (0), less than Healthcare Triangle, Inc. (0.38), less than Science 37 Holdings, Inc. (4.17), less than Bullfrog AI Holdings, Inc. Common Stock (8.78), greater than EUDA Health Holdings Limited (0.08), less than Minerva Surgical, Inc. (1.88), less than Aclarion, Inc. (1.23), less than Akili, Inc. (5.80), less than Augmedix, Inc. (1.66),

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