TELA
Price:
$3.01
Market Cap:
$118.56M
TELA Bio, Inc., a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's anatomy. It provides a portfolio of OviTex Reinforced Tissue Matrix (OviTex) products for hernia repair and abdominal wall reconstruction; and OviTex PRS Reinforced Tissue Matrix products to address the unmet needs in plastic and reconstructive surgery, as well as OviTex for Laparoscopic and Robotic Procedures, a sterile reinforced tissue matrix derived from ovine rumen with polypropylene fiber intended to be used in laparoscopic and robotic-assisted hernia surgical repairs. T...[Read more]
Industry
Medical - Devices
IPO Date
2019-11-08
Stock Exchange
NASDAQ
Ticker
TELA
According to TELA Bio, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.62. This represents a change of -27.18% compared to the average of 3.60 of the last 4 quarters.
The mean historical Current Ratio of TELA Bio, Inc. over the last ten years is 5.97. The current 2.62 Current Ratio has changed 4.28% with respect to the historical average. Over the past ten years (40 quarters), TELA's Current Ratio was at its highest in in the June 2020 quarter at 25.98. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
5.97
Median
5.03
Minimum
2.33
Maximum
12.60
Discovering the peaks and valleys of TELA Bio, 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 = 293.95%
Maximum Annual Current Ratio = 12.60
Minimum Annual Increase = -55.68%
Minimum Annual Current Ratio = 2.33
Year | Current Ratio | Change |
---|---|---|
2023 | 4.23 | -16.04% |
2022 | 5.03 | -9.84% |
2021 | 5.58 | -55.68% |
2020 | 12.60 | 31.48% |
2019 | 9.58 | 293.95% |
2018 | 2.43 | 4.25% |
The current Current Ratio of TELA Bio, Inc. (TELA) 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
4.95
5-year avg
7.41
10-year avg
5.97
TELA Bio, Inc.’s Current Ratio is less than Sight Sciences, Inc. (10.18), greater than Telesis Bio, Inc. (1.89), less than Tactile Systems Technology, Inc. (4.37), less than ClearPoint Neuro, Inc. (4.54), less than CVRx, Inc. (11.32), less than NeuroPace, Inc. (5.59), less than TransMedics Group, Inc. (8.20), greater than Delcath Systems, Inc. (1.34), less than RxSight, Inc. (12.67), less than AxoGen, Inc. (3.74), less than Treace Medical Concepts, Inc. (4.12), less than Pulmonx Corporation (7.70), greater than Orthofix Medical Inc. (2.39), less than Paragon 28, Inc. (3.50), less than SI-BONE, Inc. (8.25), less than Varex Imaging Corporation (3.32), less than OrthoPediatrics Corp. (7.17),
Company | Current Ratio | Market cap |
---|---|---|
10.18 | $203.53M | |
1.89 | $1.62M | |
4.37 | $428.35M | |
4.54 | $326.46M | |
11.32 | $360.32M | |
5.59 | $289.53M | |
8.20 | $2.55B | |
1.34 | $312.06M | |
12.67 | $1.81B | |
3.74 | $587.07M | |
4.12 | $487.79M | |
7.70 | $268.12M | |
2.39 | $722.63M | |
3.50 | $838.76M | |
8.25 | $526.74M | |
3.32 | $683.90M | |
7.17 | $637.85M |
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