Rapid Micro Biosystems, Inc.

Rapid Micro Biosystems, Inc.verified

RPID

Price:

$1.15

Market Cap:

$49.49M

Rapid Micro Biosystems, Inc., a life sciences technology company, provides products for the detection of microbial contamination in the manufacture of pharmaceutical, medical devices, and personal care products in North America, Europe, and Asia. The company offers Growth Direct platform, which includes Growth Direct system, proprietary consumables, lab information management system connection software, and comprehensive customer support and validation services. Its platform automates and modernizes the manual microbial quality control (MQC) testing workflows for therapeutic modalities, such as biologics, vaccines, cell and gene therapies, and sterile injectables. The company also provides i...[Read more]

Industry

Medical - Devices

IPO Date

2021-07-15

Stock Exchange

NASDAQ

Ticker

RPID

The Current Ratio as of November 2024 (TTM) for Rapid Micro Biosystems, Inc. (RPID) is 5.52

According to Rapid Micro Biosystems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.52. This represents a change of -10.60% compared to the average of 6.18 of the last 4 quarters.

Rapid Micro Biosystems, Inc. (RPID) Historical Current Ratio (quarterly & annually)

How has RPID Current Ratio performed in the past?

The mean historical Current Ratio of Rapid Micro Biosystems, Inc. over the last ten years is 6.37. The current 5.52 Current Ratio has changed 8.57% with respect to the historical average. Over the past ten years (40 quarters), RPID's Current Ratio was at its highest in in the September 2021 quarter at 13.78. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

6.37

Median

6.34

Minimum

2.24

Maximum

12.01

Rapid Micro Biosystems, Inc. (RPID) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rapid Micro Biosystems, 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 = 200.33%

Maximum Annual Current Ratio = 12.01

Minimum Annual Increase = -39.42%

Minimum Annual Current Ratio = 2.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.34-12.81%
20227.27-39.42%
202112.01200.33%
20204.0078.26%

Rapid Micro Biosystems, Inc. (RPID) Average Current Ratio

How has RPID Current Ratio performed in the past?

The current Current Ratio of Rapid Micro Biosystems, Inc. (RPID) 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

8.54

5-year avg

6.37

10-year avg

6.37

Rapid Micro Biosystems, Inc. (RPID) Current Ratio vs. Peers

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

Rapid Micro Biosystems, Inc.’s Current Ratio is less than RxSight, Inc. (12.67), greater than AxoGen, Inc. (3.74), greater than Treace Medical Concepts, Inc. (4.12), less than Pulmonx Corporation (7.70), greater than Orthofix Medical Inc. (2.39), greater than Aziyo Biologics, Inc. (0.87), greater than Ainos, Inc. (1.37), greater than Surmodics, Inc. (3.96), greater than LENSAR, Inc. (3.37), greater than IRIDEX Corporation (1.54), greater than ProSomnus, Inc. Common Stock (0.30), greater than LivaNova PLC (3.37), less than Electromed, Inc. (5.53), less than OrthoPediatrics Corp. (7.17), greater than Owlet, Inc. (1.46), greater than Bioventus Inc. (1.41), greater than INVO Bioscience, Inc. (0.30), less than Talis Biomedical Corporation (7.76), less than Bone Biologics Corporation (14.87), less than Tivic Health Systems, Inc. (5.65), less than Bluejay Diagnostics, Inc. (6.26), greater than Vivos Therapeutics, Inc. (1.44),

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