Modular Medical, Inc.

Modular Medical, Inc.verified

MODD

Price:

$1.68

Market Cap:

$58.08M

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 3.36

According to Modular Medical, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.36. This represents a change of -14.35% compared to the average of 3.92 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 3.36 Current Ratio has changed 833.05% 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 December 2015 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. (5.59), less than Nexalin Technology, Inc. (16.39), greater than STRATA Skin Sciences, Inc. (1.13), greater than Nemaura Medical Inc. (0.19), less than IRIDEX Corporation (0), greater than enVVeno Medical Corporation (1.54), less than PetVivo Holdings, Inc. (22.01), greater than Talis Biomedical Corporation (0.67), less than Tenon Medical, Inc. (7.76), less than Sight Sciences, Inc. (3.52), less than Aziyo Biologics, Inc. (10.18), greater than INVO Bioscience, Inc. (0.87), greater than ProSomnus, Inc. Common Stock (0.30), greater than LivaNova PLC (0.30), less than Electromed, Inc. (3.37), less than OrthoPediatrics Corp. (5.53), less than Surmodics, Inc. (7.17), less than null (3.96),

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