Modular Medical, Inc.

Modular Medical, Inc.verified

MODD

Price:

$2.22

Market Cap:

$72.29M

Modular Medical, Inc., a development stage medical device company, focuses on the design, development, and commercialization of insulin pumps using technology to enhance pump adoption in the diabetes marketplace. The company is headquartered in San Diego, California.[Read more]

Industry

Medical - Devices

IPO Date

2022-02-10

Stock Exchange

NASDAQ

Ticker

MODD

The Current Ratio as of November 2024 (TTM) for Modular Medical, Inc. (MODD) is 4.03

According to Modular Medical, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.03. This represents a change of -11.12% compared to the average of 4.53 of the last 4 quarters.

Modular Medical, Inc. (MODD) Historical Current Ratio (quarterly & annually)

How has MODD Current Ratio performed in the past?

The mean historical Current Ratio of Modular Medical, Inc. over the last ten years is 35.98. The current 4.03 Current Ratio has changed 1.02% with respect to the historical average. Over the past ten years (40 quarters), MODD's Current Ratio was at its highest in in the March 2018 quarter at 278.81. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

35.98

Median

5.74

Minimum

0

Maximum

278.81

Modular Medical, Inc. (MODD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Modular Medical, 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 = Infinity%

Maximum Annual Current Ratio = 278.81

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20246.6661.30%
20234.13-57.33%
20229.681.84%
20210.50-89.62%
20204.82-86.88%
201936.71-86.83%
2018278.811.41%
201718.44Infinity%
20160-100.00%
20150.02Infinity%

Modular Medical, Inc. (MODD) Average Current Ratio

How has MODD Current Ratio performed in the past?

The current Current Ratio of Modular Medical, Inc. (MODD) 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

6.83

5-year avg

5.16

10-year avg

35.98

Modular Medical, Inc. (MODD) Current Ratio vs. Peers

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

Modular Medical, Inc.’s Current Ratio is less than NeuroPace, Inc. (6.37), less than Nexalin Technology, Inc. (5.57), greater than STRATA Skin Sciences, Inc. (1.14), greater than Nemaura Medical Inc. (0.19), less than IRIDEX Corporation (0), greater than enVVeno Medical Corporation (1.55), less than PetVivo Holdings, Inc. (22.01), greater than Talis Biomedical Corporation (0.81), less than Tenon Medical, Inc. (7.76), greater than Sight Sciences, Inc. (1.20), less than Aziyo Biologics, Inc. (11.01), greater than INVO Bioscience, Inc. (0.87), greater than ProSomnus, Inc. Common Stock (0.30), greater than LivaNova PLC (0.30), greater than Electromed, Inc. (3.37), less than OrthoPediatrics Corp. (5.75), less than Surmodics, Inc. (4.90), greater than null (3.98),

Build a custom stock screener for Modular Medical, Inc. (MODD) and other stocks

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 Modular Medical, 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:

Custom stock screener in Wisesheets

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.

Modular Medical, Inc. (MODD) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Modular Medical, 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Modular Medical, Inc.'s Current Ratio?

How is the Current Ratio calculated for Modular Medical, Inc. (MODD)?

What is the highest Current Ratio for Modular Medical, Inc. (MODD)?

What is the 3-year average Current Ratio for Modular Medical, Inc. (MODD)?

What is the 5-year average Current Ratio for Modular Medical, Inc. (MODD)?

How does the current Current Ratio for Modular Medical, Inc. (MODD) compare to its historical average?