Ra Medical Systems, Inc.

Ra Medical Systems, Inc.verified

RMED

Price:

$0.594

Market Cap:

$3.84M

Ra Medical Systems, Inc., a medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular immune-mediated inflammatory diseases. It offers destruction of arteriosclerotic blockages by laser radiation ablation, a minimally invasive excimer laser and single-use catheter system that is used by physicians in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease. The company sells its products primarily through distributors in the United States. Ra Medical Systems, Inc. was incorporated in 2002 and is headquartered in Carlsbad, California.[Read more]

Industry

Medical - Devices

IPO Date

2018-09-27

Stock Exchange

AMEX

Ticker

RMED

The Current Ratio as of November 2024 (TTM) for Ra Medical Systems, Inc. (RMED) is 2.84

According to Ra Medical Systems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.84. This represents a change of -3.77% compared to the average of 2.95 of the last 4 quarters.

Ra Medical Systems, Inc. (RMED) Historical Current Ratio (quarterly & annually)

How has RMED Current Ratio performed in the past?

The mean historical Current Ratio of Ra Medical Systems, Inc. over the last ten years is 3.96. The current 2.84 Current Ratio has changed 7.08% with respect to the historical average. Over the past ten years (40 quarters), RMED's Current Ratio was at its highest in in the March 2019 quarter at 11.89. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

3.96

Median

3.36

Minimum

0

Maximum

11.64

Ra Medical Systems, Inc. (RMED) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ra Medical Systems, 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 = 205.09%

Maximum Annual Current Ratio = 11.64

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20222.22-29.91%
20213.17-10.90%
20203.56-32.65%
20195.28-54.59%
201811.64205.09%
20173.8194.72%

Ra Medical Systems, Inc. (RMED) Average Current Ratio

How has RMED Current Ratio performed in the past?

The current Current Ratio of Ra Medical Systems, Inc. (RMED) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.80

5-year avg

2.85

10-year avg

3.96

Ra Medical Systems, Inc. (RMED) Current Ratio vs. Peers

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

Ra Medical Systems, Inc.’s Current Ratio is less than Sintx Technologies, Inc. (3.04), greater than ReShape Lifesciences Inc. (1.33), less than Bone Biologics Corporation (14.87), less than Tivic Health Systems, Inc. (5.65), greater than INVO Bioscience, Inc. (0.30), less than Talis Biomedical Corporation (7.76), greater than IRIDEX Corporation (1.54), greater than Nuwellis, Inc. (2.03), greater than ThermoGenesis Holdings, Inc. (0.52), greater than NanoVibronix, Inc. (1.74), less than Bluejay Diagnostics, Inc. (6.26), less than Heart Test Laboratories, Inc. (4.00), less than Tenon Medical, Inc. (3.52),

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