Retractable Technologies, Inc.

Retractable Technologies, Inc.verified

RVP

Price:

$0.6252

Market Cap:

$18.72M

Retractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession in the United States, rest of North and South America, and internationally. It offers VanishPoint insulin syringes; tuberculin, insulin, and allergy antigen syringes; small diameter tube adapters; blood collection tube holders; allergy trays; IV safety catheters; Patient Safe syringes and Luer Caps; VanishPoint blood collection sets; EasyPoint needles; and VanishPoint autodisable syringes. The company distributes its products through general line and specialty distributors, as well as through international distributors; and a direct marke...[Read more]

Industry

Medical - Instruments & Supplies

IPO Date

2001-05-04

Stock Exchange

AMEX

Ticker

RVP

The Current Ratio as of November 2024 (TTM) for Retractable Technologies, Inc. (RVP) is 8.57

According to Retractable Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.57. This represents a change of -8.24% compared to the average of 9.34 of the last 4 quarters.

Retractable Technologies, Inc. (RVP) Historical Current Ratio (quarterly & annually)

How has RVP Current Ratio performed in the past?

The mean historical Current Ratio of Retractable Technologies, Inc. over the last ten years is 4.04. The current 8.57 Current Ratio has changed 21.10% with respect to the historical average. Over the past ten years (40 quarters), RVP's Current Ratio was at its highest in in the March 2024 quarter at 11.01. The Current Ratio was at its lowest in in the June 2021 quarter at 2.01.

Quarterly (TTM)
Annual

Average

4.04

Median

3.40

Minimum

2.27

Maximum

8.28

Retractable Technologies, Inc. (RVP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Retractable Technologies, 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 = 147.36%

Maximum Annual Current Ratio = 8.28

Minimum Annual Increase = -27.62%

Minimum Annual Current Ratio = 2.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.2813.15%
20227.32147.36%
20212.9618.81%
20202.49-27.62%
20193.4423.18%
20182.79-17.08%
20173.37-9.44%
20163.72-2.27%
20153.8167.88%
20142.27-0.61%

Retractable Technologies, Inc. (RVP) Average Current Ratio

How has RVP Current Ratio performed in the past?

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

3-year avg

6.19

5-year avg

4.90

10-year avg

4.04

Retractable Technologies, Inc. (RVP) Current Ratio vs. Peers

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

Retractable Technologies, Inc.’s Current Ratio is greater than Milestone Scientific Inc. (2.85), greater than CarParts.com, Inc. (1.62), greater than OncoCyte Corporation (0.53), less than Alpha Pro Tech, Ltd. (19.00), greater than InfuSystem Holdings, Inc. (1.98),

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