Rapid Micro Biosystems, Inc.

Rapid Micro Biosystems, Inc.verified

RPID

Price:

$0.85

Market Cap:

$36.48M

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 September 2024 (TTM) for Rapid Micro Biosystems, Inc. (RPID) is 5.92

According to Rapid Micro Biosystems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.92. This represents a change of -10.90% compared to the average of 6.64 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 5.92 Current Ratio has changed 9.18% 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. (14.33), greater than AxoGen, Inc. (3.51), greater than Treace Medical Concepts, Inc. (3.86), less than Pulmonx Corporation (8.96), greater than Orthofix Medical Inc. (2.48), greater than Aziyo Biologics, Inc. (0.87), greater than Ainos, Inc. (1.48), greater than Surmodics, Inc. (3.98), greater than LENSAR, Inc. (3.88), greater than IRIDEX Corporation (1.55), greater than ProSomnus, Inc. Common Stock (0.30), greater than LivaNova PLC (3.45), greater than Electromed, Inc. (5.75), greater than OrthoPediatrics Corp. (4.90), greater than Owlet, Inc. (1.01), greater than Bioventus Inc. (1.33), greater than INVO Bioscience, Inc. (0.30), less than Talis Biomedical Corporation (7.76), less than Bone Biologics Corporation (11.22), less than Tivic Health Systems, Inc. (7.89), greater than Bluejay Diagnostics, Inc. (4.38), greater than Vivos Therapeutics, Inc. (1.18),

Build a custom stock screener for Rapid Micro Biosystems, Inc. (RPID) 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 Rapid Micro Biosystems, 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.

Rapid Micro Biosystems, Inc. (RPID) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Rapid Micro Biosystems, 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 Rapid Micro Biosystems, Inc.'s Current Ratio?

How is the Current Ratio calculated for Rapid Micro Biosystems, Inc. (RPID)?

What is the highest Current Ratio for Rapid Micro Biosystems, Inc. (RPID)?

What is the 3-year average Current Ratio for Rapid Micro Biosystems, Inc. (RPID)?

What is the 5-year average Current Ratio for Rapid Micro Biosystems, Inc. (RPID)?

How does the current Current Ratio for Rapid Micro Biosystems, Inc. (RPID) compare to its historical average?