PetVivo Holdings, Inc.

PetVivo Holdings, Inc.verified

PETV

Price:

$0.54

Market Cap:

$10.80M

PetVivo Holdings, Inc., a biomedical device company, engages in the manufacturing, commercializing, and licensing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Spryng, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions, such as osteoarthritis in dogs and horses. The company's pipeline products also include 17 therapeutic devices for veterinary and human clinical applications. PetVivo Holdings, Inc. was founded in 2009 and is headquartered in Minneapolis, Minnesota.[Read more]

Industry

Medical - Devices

IPO Date

2014-09-08

Stock Exchange

NASDAQ

Ticker

PETV

The Current Ratio as of September 2024 (TTM) for PetVivo Holdings, Inc. (PETV) is 0.81

According to PetVivo Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of -7.69% compared to the average of 0.87 of the last 4 quarters.

PetVivo Holdings, Inc. (PETV) Historical Current Ratio (quarterly & annually)

How has PETV Current Ratio performed in the past?

The mean historical Current Ratio of PetVivo Holdings, Inc. over the last ten years is 0.85. The current 0.81 Current Ratio has changed 9.38% with respect to the historical average. Over the past ten years (40 quarters), PETV's Current Ratio was at its highest in in the September 2021 quarter at 7.81. The Current Ratio was at its lowest in in the December 2016 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.85

Median

0.19

Minimum

0.02

Maximum

5.76

PetVivo Holdings, Inc. (PETV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PetVivo Holdings, 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 = 5.40%

Maximum Annual Current Ratio = 5.76

Minimum Annual Increase = -94.78%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.74-24.71%
20230.98-82.98%
20225.765.40%
20210.10-39.01%
20200.17372.84%
20190.04-82.42%
20180.21551.03%
20170.0333.04%
20160.02-94.78%
20150.46362.45%

PetVivo Holdings, Inc. (PETV) Average Current Ratio

How has PETV Current Ratio performed in the past?

The current Current Ratio of PetVivo Holdings, Inc. (PETV) 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

2.49

5-year avg

1.55

10-year avg

0.85

PetVivo Holdings, Inc. (PETV) Current Ratio vs. Peers

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

PetVivo Holdings, Inc.’s Current Ratio is less than Aziyo Biologics, Inc. (0), less than Ainos, Inc. (0.87), less than Surmodics, Inc. (1.48), less than LENSAR, Inc. (3.98), less than IRIDEX Corporation (3.88), less than enVVeno Medical Corporation (1.55), less than Talis Biomedical Corporation (23.33), less than Tenon Medical, Inc. (7.76), less than Nexalin Technology, Inc. (1.20), less than Bluejay Diagnostics, Inc. (5.57), less than INVO Bioscience, Inc. (4.38), greater than Motus GI Holdings, Inc. (0.30), less than ProSomnus, Inc. Common Stock (1.74), greater than Dynatronics Corporation (0.30), less than null (1.40),

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