Nemaura Medical Inc.

Nemaura Medical Inc.verified

NMRD

Price:

$0.0284

Market Cap:

$1.15M

Nemaura Medical Inc., a medical technology company, discovers, develops, and commercializes diagnostic medical devices. It provides sugarBEAT, a non-invasive continuous glucose monitoring device for use by persons with Type I and Type II diabetes, as well as screen pre-diabetic patients. The company also offers proBEAT, a wellness guidance notes, that provide prompts and educate users on factors affecting blood sugar profiles, as well as conducts diabetes prevention and reversal programs. Nemaura Medical Inc. was founded in 2009 and is based in New York, New York.[Read more]

Industry

Medical - Devices

IPO Date

2018-02-05

Stock Exchange

NASDAQ

Ticker

NMRD

The Current Ratio as of September 2024 (TTM) for Nemaura Medical Inc. (NMRD) is 0.19

According to Nemaura Medical Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -49.94% compared to the average of 0.38 of the last 4 quarters.

Nemaura Medical Inc. (NMRD) Historical Current Ratio (quarterly & annually)

How has NMRD Current Ratio performed in the past?

The mean historical Current Ratio of Nemaura Medical Inc. over the last ten years is 26.08. The current 0.19 Current Ratio has changed -27.08% with respect to the historical average. Over the past ten years (40 quarters), NMRD's Current Ratio was at its highest in in the March 2014 quarter at 218.30. The Current Ratio was at its lowest in in the December 2023 quarter at 0.19.

Quarterly (TTM)
Annual

Average

26.08

Median

4.38

Minimum

0.61

Maximum

218.30

Nemaura Medical Inc. (NMRD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nemaura 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 = 218.30

Minimum Annual Increase = -97.13%

Minimum Annual Current Ratio = 0.61

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.61-37.71%
20220.98-81.56%
20215.29768.24%
20200.61-82.46%
20193.48-52.99%
20187.39122.66%
20173.32-77.13%
201614.52131.52%
20156.27-97.13%
2014218.30Infinity%

Nemaura Medical Inc. (NMRD) Average Current Ratio

How has NMRD Current Ratio performed in the past?

The current Current Ratio of Nemaura Medical Inc. (NMRD) 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

2.29

5-year avg

2.19

10-year avg

26.08

Nemaura Medical Inc. (NMRD) Current Ratio vs. Peers

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

Nemaura Medical Inc.’s Current Ratio is less than NeuroPace, Inc. (6.37), less than CVRx, Inc. (10.08), less than Orthofix Medical Inc. (2.48), less than Artivion, Inc. (4.63), less than Heska Corporation (5.64), less than Bluejay Diagnostics, Inc. (4.38), less than Movano Inc. (5.76), less than INVO Bioscience, Inc. (0.30), less than enVVeno Medical Corporation (23.33), less than Modular Medical, Inc. (4.03), less than Nexalin Technology, Inc. (5.57), less than STRATA Skin Sciences, Inc. (1.14), less than Ainos, Inc. (1.48), less than Electromed, Inc. (5.75), less than Armm Inc. (0), less than Surmodics, Inc. (3.98),

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