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 September 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 4.52. The current 2.84 Current Ratio has changed 6.18% 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

4.52

Median

3.56

Minimum

1.96

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 = -54.59%

Minimum Annual Current Ratio = 1.96

Quarterly (TTM)
Annual
YearCurrent RatioChange
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 less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.98

5-year avg

5.17

10-year avg

4.52

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 greater than Sintx Technologies, Inc. (1.94), greater than ReShape Lifesciences Inc. (1.90), less than Bone Biologics Corporation (11.22), less than Tivic Health Systems, Inc. (7.89), greater than INVO Bioscience, Inc. (0.30), less than Talis Biomedical Corporation (7.76), greater than IRIDEX Corporation (1.55), greater than Nuwellis, Inc. (1.20), greater than ThermoGenesis Holdings, Inc. (0.52), greater than NanoVibronix, Inc. (2.11), less than Bluejay Diagnostics, Inc. (4.38), less than Heart Test Laboratories, Inc. (4.49), greater than Tenon Medical, Inc. (1.20),

Build a custom stock screener for Ra Medical Systems, Inc. (RMED) 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 Ra Medical Systems, Inc. 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.

Ra Medical Systems, Inc. (RMED) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Ra Medical Systems, Inc. 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 Ra Medical Systems, Inc.'s Current Ratio?

How is the Current Ratio calculated for Ra Medical Systems, Inc. (RMED)?

What is the highest Current Ratio for Ra Medical Systems, Inc. (RMED)?

What is the 3-year average Current Ratio for Ra Medical Systems, Inc. (RMED)?

What is the 5-year average Current Ratio for Ra Medical Systems, Inc. (RMED)?

How does the current Current Ratio for Ra Medical Systems, Inc. (RMED) compare to its historical average?