RadNet, Inc.

RadNet, Inc.verified

RDNT

Price:

$66.747

Market Cap:

$4.94B

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems for the diagnostic imaging industry, including picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretation of images in the field of mammography, as well as AI solutions for lung and prostate cancer....[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1997-01-03

Stock Exchange

NASDAQ

Ticker

RDNT

The Current Ratio as of September 2024 (TTM) for RadNet, Inc. (RDNT) is 2.12

According to RadNet, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.12. This represents a change of 26.03% compared to the average of 1.68 of the last 4 quarters.

RadNet, Inc. (RDNT) Historical Current Ratio (quarterly & annually)

How has RDNT Current Ratio performed in the past?

The mean historical Current Ratio of RadNet, Inc. over the last ten years is 1.08. The current 2.12 Current Ratio has changed 19.51% with respect to the historical average. Over the past ten years (40 quarters), RDNT's Current Ratio was at its highest in in the June 2024 quarter at 2.12. The Current Ratio was at its lowest in in the March 2021 quarter at 0.55.

Quarterly (TTM)
Annual

Average

1.08

Median

1.05

Minimum

0.68

Maximum

1.46

RadNet, Inc. (RDNT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of RadNet, 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 = 68.32%

Maximum Annual Current Ratio = 1.46

Minimum Annual Increase = -29.07%

Minimum Annual Current Ratio = 0.68

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.3268.32%
20220.79-9.07%
20210.8727.37%
20200.68-8.42%
20190.74-14.87%
20180.87-29.07%
20171.23-12.44%
20161.40-4.06%
20151.461.49%
20141.44-3.27%

RadNet, Inc. (RDNT) Average Current Ratio

How has RDNT Current Ratio performed in the past?

The current Current Ratio of RadNet, Inc. (RDNT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.99

5-year avg

0.88

10-year avg

1.08

RadNet, Inc. (RDNT) Current Ratio vs. Peers

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

RadNet, Inc.’s Current Ratio is less than Sotera Health Company (2.93), greater than Syneos Health, Inc. (1.20), less than Neogen Corporation (3.82), greater than Myriad Genetics, Inc. (1.27), greater than bioAffinity Technologies, Inc. (1.15), greater than American Bio Medica Corporation (0), greater than Arrayit Corporation (0.10), less than Biodesix, Inc. (3.28), greater than Genetron Holdings Limited (1.82), less than FONAR Corporation (9.37), less than Exagen Inc. (4.32), greater than Sera Prognostics, Inc. (2.08), greater than Qiagen N.V. (1.77), less than Olink Holding AB (publ) (5.60), less than Aclaris Therapeutics, Inc. (7.50), less than Burning Rock Biotech Limited (3.11), greater than LumiraDx Limited (1.97),

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