RAD
Price:
$0.6483
Market Cap:
$36.76M
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and general merchandise, pet care, and a variety of other everyday and convenience products, as well as brand and generic prescription drugs; and a private brand product line. It also operates retai...[Read more]
Industry
Medical - Pharmaceuticals
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
RAD
According to Rite Aid Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.57. This represents a change of -47.88% compared to the average of 1.10 of the last 4 quarters.
The mean historical Current Ratio of Rite Aid Corporation over the last ten years is 1.48. The current 0.57 Current Ratio has changed 3.79% with respect to the historical average. Over the past ten years (40 quarters), RAD's Current Ratio was at its highest in in the May 2015 quarter at 2.42. The Current Ratio was at its lowest in in the September 2023 quarter at 0.57.
Average
1.48
Median
1.45
Minimum
1.18
Maximum
1.71
Discovering the peaks and valleys of Rite Aid Corporation 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 = 22.82%
Maximum Annual Current Ratio = 1.71
Minimum Annual Increase = -20.32%
Minimum Annual Current Ratio = 1.18
Year | Current Ratio | Change |
---|---|---|
2023 | 1.21 | 2.90% |
2022 | 1.18 | -14.86% |
2021 | 1.38 | 3.25% |
2020 | 1.34 | -20.32% |
2019 | 1.68 | 22.82% |
2018 | 1.37 | -18.90% |
2017 | 1.69 | 11.00% |
2016 | 1.52 | -10.62% |
2015 | 1.70 | -0.59% |
2014 | 1.71 | -0.07% |
The current Current Ratio of Rite Aid Corporation (RAD) 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
1.26
5-year avg
1.36
10-year avg
1.48
Rite Aid Corporation’s Current Ratio is less than PetMed Express, Inc. (1.45), less than High Tide Inc. (1.26), less than China Jo-Jo Drugstores, Inc. (0.94), less than BIMI International Medical Inc. (1.21), less than Walgreens Boots Alliance, Inc. (0.68), less than TRxADE HEALTH, Inc. (4.16), less than MedAvail Holdings, Inc. (4.03), less than SunLink Health Systems, Inc. (4.06), greater than Leafly Holdings, Inc. (0.49),
Company | Current Ratio | Market cap |
---|---|---|
1.45 | $98.77M | |
1.26 | $213.79M | |
0.94 | $13.32M | |
1.21 | $139.61K | |
0.68 | $7.49B | |
4.16 | $13.28M | |
4.03 | $2.91M | |
4.06 | $5.39M | |
0.49 | $4.64M |
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