Marpai, Inc.

Marpai, Inc.verified

MRAI

Price:

$1.23

Market Cap:

$16.91M

Marpai, Inc., a technology-driven healthcare payer, focuses on providing services to the self-insured employer market in the United States and Israel. The company offers ancillary services, such as care management, case management, actuarial services, health savings account administration, and cost containment services. It also develops artificial intelligence and healthcare technology that enables the analysis of data to predict and prevent events related to diagnostic errors, hospital visits, and administrative issues. The company was incorporated in 2021 and is headquartered in New York, New York.[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2021-10-27

Stock Exchange

NASDAQ

Ticker

MRAI

The Current Ratio as of November 2024 (TTM) for Marpai, Inc. (MRAI) is 0.82

According to Marpai, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.82. This represents a change of -3.06% compared to the average of 0.84 of the last 4 quarters.

Marpai, Inc. (MRAI) Historical Current Ratio (quarterly & annually)

How has MRAI Current Ratio performed in the past?

The mean historical Current Ratio of Marpai, Inc. over the last ten years is 1.41. The current 0.82 Current Ratio has changed 5.71% with respect to the historical average. Over the past ten years (40 quarters), MRAI's Current Ratio was at its highest in in the December 2021 quarter at 2.42. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.41

Median

1.46

Minimum

0.82

Maximum

2.42

Marpai, Inc. (MRAI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Marpai, 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 = 194.29%

Maximum Annual Current Ratio = 2.42

Minimum Annual Increase = -46.38%

Minimum Annual Current Ratio = 0.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.82-46.38%
20221.53-36.88%
20212.42194.29%
20200.82-43.48%

Marpai, Inc. (MRAI) Average Current Ratio

How has MRAI Current Ratio performed in the past?

The current Current Ratio of Marpai, Inc. (MRAI) 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

1.59

5-year avg

1.41

10-year avg

1.41

Marpai, Inc. (MRAI) Current Ratio vs. Peers

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

Marpai, Inc.’s Current Ratio is less than Context Therapeutics Inc. (36.91), less than Tivic Health Systems, Inc. (5.65), greater than PetVivo Holdings, Inc. (0.67), less than DatChat, Inc. (8.96), less than Cyngn Inc. (2.43),

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