Tactile Systems Technology, Inc.

Tactile Systems Technology, Inc.verified

TCMD

Price:

$13.985

Market Cap:

$335.17M

Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high frequency chest wall oscillation test for the treatment of retained pulmonary secretions such as bronchiectasis, cystic fibrosis, and various neuromuscular disorders. The company was incorporated in ...[Read more]

Industry

Medical - Devices

IPO Date

2016-07-28

Stock Exchange

NASDAQ

Ticker

TCMD

The Current Ratio as of September 2024 (TTM) for Tactile Systems Technology, Inc. (TCMD) is 4.44

According to Tactile Systems Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.44. This represents a change of 14.06% compared to the average of 3.89 of the last 4 quarters.

Tactile Systems Technology, Inc. (TCMD) Historical Current Ratio (quarterly & annually)

How has TCMD Current Ratio performed in the past?

The mean historical Current Ratio of Tactile Systems Technology, Inc. over the last ten years is 4.08. The current 4.44 Current Ratio has changed 10.79% with respect to the historical average. Over the past ten years (40 quarters), TCMD's Current Ratio was at its highest in in the June 2018 quarter at 6.49. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

4.08

Median

4.34

Minimum

1.86

Maximum

5.29

Tactile Systems Technology, Inc. (TCMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tactile Systems Technology, 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 = 90.09%

Maximum Annual Current Ratio = 5.29

Minimum Annual Increase = -43.50%

Minimum Annual Current Ratio = 1.86

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.5490.09%
20221.86-43.50%
20213.29-28.79%
20204.63-8.48%
20195.06-4.34%
20185.28-0.18%
20175.2913.69%
20164.6650.72%
20153.09-23.85%
20144.060.53%

Tactile Systems Technology, Inc. (TCMD) Average Current Ratio

How has TCMD Current Ratio performed in the past?

The current Current Ratio of Tactile Systems Technology, Inc. (TCMD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.90

5-year avg

3.68

10-year avg

4.08

Tactile Systems Technology, Inc. (TCMD) Current Ratio vs. Peers

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

Tactile Systems Technology, Inc.’s Current Ratio is greater than CONMED Corporation (2.34), greater than Treace Medical Concepts, Inc. (3.86), greater than Surmodics, Inc. (3.98), greater than LivaNova PLC (3.45), less than RxSight, Inc. (14.33), greater than AxoGen, Inc. (3.51), less than Pulmonx Corporation (8.96), greater than Orthofix Medical Inc. (2.48), less than CVRx, Inc. (10.08), greater than Accelerate Diagnostics, Inc. (1.28), less than NeuroPace, Inc. (6.37), less than Anika Therapeutics, Inc. (5.93), less than OrthoPediatrics Corp. (4.90), less than Sight Sciences, Inc. (11.01), greater than Paragon 28, Inc. (3.57), less than iRhythm Technologies, Inc. (6.92), less than Heska Corporation (5.64), less than Electromed, Inc. (5.75),

Build a custom stock screener for Tactile Systems Technology, Inc. (TCMD) 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 Tactile Systems Technology, 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.

Tactile Systems Technology, Inc. (TCMD) and other stocks custom spreadsheet templates

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

How is the Current Ratio calculated for Tactile Systems Technology, Inc. (TCMD)?

What is the highest Current Ratio for Tactile Systems Technology, Inc. (TCMD)?

What is the 3-year average Current Ratio for Tactile Systems Technology, Inc. (TCMD)?

What is the 5-year average Current Ratio for Tactile Systems Technology, Inc. (TCMD)?

How does the current Current Ratio for Tactile Systems Technology, Inc. (TCMD) compare to its historical average?