Salona Global Medical Device Corporation

Salona Global Medical Device Corporationverified

SGMD.V

Price:

$0.22

Market Cap:

$17.24M

Salona Global Medical Device Corporation, through its subsidiaries, engages in the production and sale of medical devices and products in the United States. The company's medical devices are used for pain management, cold and hot therapy, transcutaneous electronic nerve and neuromuscular electrical stimulation, pulsed electromagnetic field technology, and ultrasound therapy. It also offers wearable technology and products that are used to enhance physical stability. The company was formerly known as Brattle Street Investment Corp. and changed its name to Salona Global Medical Device Corporation in December 2020. Salona Global Medical Device Corporation was incorporated in 2013 and is headqua...[Read more]

Industry

Medical - Devices

IPO Date

2014-03-31

Stock Exchange

TSXV

Ticker

SGMD.V

The Current Ratio as of September 2024 (TTM) for Salona Global Medical Device Corporation (SGMD.V) is 0.63

According to Salona Global Medical Device Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.63. This represents a change of 1.59% compared to the average of 0.62 of the last 4 quarters.

Salona Global Medical Device Corporation (SGMD.V) Historical Current Ratio (quarterly & annually)

How has SGMD.V Current Ratio performed in the past?

The mean historical Current Ratio of Salona Global Medical Device Corporation over the last ten years is 22.48. The current 0.63 Current Ratio has changed 182.15% with respect to the historical average. Over the past ten years (40 quarters), SGMD.V's Current Ratio was at its highest in in the August 2016 quarter at 321.87. The Current Ratio was at its lowest in in the December 2013 quarter at 0.

Quarterly (TTM)
Annual

Average

22.48

Median

19.17

Minimum

0.87

Maximum

74.44

Salona Global Medical Device Corporation (SGMD.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Salona Global Medical Device Corporation 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 = 2.35%

Maximum Annual Current Ratio = 74.44

Minimum Annual Increase = -92.05%

Minimum Annual Current Ratio = 0.87

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.87-57.25%
20212.02-92.05%
202025.45-8.96%
201927.96-19.06%
201834.5480.19%
201719.17-74.25%
201674.442.35%
20153.03-79.53%

Salona Global Medical Device Corporation (SGMD.V) Average Current Ratio

How has SGMD.V Current Ratio performed in the past?

The current Current Ratio of Salona Global Medical Device Corporation (SGMD.V) 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

9.45

5-year avg

18.17

10-year avg

22.48

Salona Global Medical Device Corporation (SGMD.V) Current Ratio vs. Peers

How is SGMD.V’s Current Ratio compared to its peers?

Salona Global Medical Device Corporation’s Current Ratio is less than Quipt Home Medical Corp. (1.13), greater than Avanti Helium Corp. (0.16), less than CareRx Corporation (0.99), greater than Think Research Corporation (0.32), greater than PlantFuel Life Inc. (0.44),

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