Quipt Home Medical Corp.

Quipt Home Medical Corp.verified

QIPT

Price:

$2.83

Market Cap:

$120.48M

Quipt Home Medical Corp. provides in-home medical equipment and supplies, and respiratory and durable medical equipment in the United States. The company also offers management of various chronic disease states focusing on patients with heart and pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. In addition, it provides nebulizers, oxygen concentrators, CPAP and BiPAP units, ventilator equipment and aids, daily and ambulatory aides, equipment solutions, power wheelchairs, oxygen therapy, bariatric equipment, bathroom safety products, bilevel positive airway pressure, canes/crutches, continuous positive airway pressure, CPAP masks and accessories, hosp...[Read more]

Industry

Medical - Devices

IPO Date

2010-08-10

Stock Exchange

NASDAQ

Ticker

QIPT

The Current Ratio as of September 2024 (TTM) for Quipt Home Medical Corp. (QIPT) is 1.11

According to Quipt Home Medical Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of -0.42% compared to the average of 1.12 of the last 4 quarters.

Quipt Home Medical Corp. (QIPT) Historical Current Ratio (quarterly & annually)

How has QIPT Current Ratio performed in the past?

The mean historical Current Ratio of Quipt Home Medical Corp. over the last ten years is 1.98. The current 1.11 Current Ratio has changed 5.50% with respect to the historical average. Over the past ten years (40 quarters), QIPT's Current Ratio was at its highest in in the September 2017 quarter at 3.49. The Current Ratio was at its lowest in in the March 2023 quarter at 0.73.

Quarterly (TTM)
Annual

Average

1.98

Median

1.80

Minimum

1.00

Maximum

3.49

Quipt Home Medical Corp. (QIPT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Quipt Home Medical Corp. 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 = 66.17%

Maximum Annual Current Ratio = 3.49

Minimum Annual Increase = -64.19%

Minimum Annual Current Ratio = 1.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.088.55%
20221.00-43.08%
20211.75-5.86%
20201.8614.43%
20191.6229.89%
20181.25-64.19%
20173.4966.17%
20162.10-32.40%
20153.1119.99%
20142.590.34%

Quipt Home Medical Corp. (QIPT) Average Current Ratio

How has QIPT Current Ratio performed in the past?

The current Current Ratio of Quipt Home Medical Corp. (QIPT) 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

1.27

5-year avg

1.46

10-year avg

1.98

Quipt Home Medical Corp. (QIPT) Current Ratio vs. Peers

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

Quipt Home Medical Corp.’s Current Ratio is less than TELA Bio, Inc. (3.41), less than Treace Medical Concepts, Inc. (3.86), less than Pulmonx Corporation (8.96), less than Profound Medical Corp. (8.61), less than PROCEPT BioRobotics Corporation (7.51), less than OrthoPediatrics Corp. (4.90), less than NeuroPace, Inc. (6.37), less than Surmodics, Inc. (3.98), less than Orthofix Medical Inc. (2.48), less than RxSight, Inc. (14.33), less than Sight Sciences, Inc. (11.01), less than Paragon 28, Inc. (3.57), less than STRATA Skin Sciences, Inc. (1.14), less than Aurora Spine Corporation (2.35), less than Dynatronics Corporation (1.40), greater than Aziyo Biologics, Inc. (0.87), less than CVRx, Inc. (10.08), less than Artivion, Inc. (4.63), less than Heska Corporation (5.64),

Build a custom stock screener for Quipt Home Medical Corp. (QIPT) 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 Quipt Home Medical Corp. 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.

Quipt Home Medical Corp. (QIPT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Quipt Home Medical Corp. 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 Quipt Home Medical Corp.'s Current Ratio?

How is the Current Ratio calculated for Quipt Home Medical Corp. (QIPT)?

What is the highest Current Ratio for Quipt Home Medical Corp. (QIPT)?

What is the 3-year average Current Ratio for Quipt Home Medical Corp. (QIPT)?

What is the 5-year average Current Ratio for Quipt Home Medical Corp. (QIPT)?

How does the current Current Ratio for Quipt Home Medical Corp. (QIPT) compare to its historical average?