TMDI
Price:
$0.14
Market Cap:
$89.35M
Titan Medical Inc., a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during surgical procedures. The company is headquartered in Toronto, Canada.[Read more]
Industry
Medical - Devices
IPO Date
2008-04-28
Stock Exchange
NASDAQ
Ticker
TMDI
According to Titan Medical Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.73. This represents a change of 2.72% compared to the average of 3.64 of the last 4 quarters.
The mean historical Current Ratio of Titan Medical Inc. over the last ten years is 1.87. The current 3.73 Current Ratio has changed 19.85% with respect to the historical average. Over the past ten years (40 quarters), TMDI's Current Ratio was at its highest in in the December 2014 quarter at 6.08. The Current Ratio was at its lowest in in the December 2019 quarter at 0.12.
Average
1.87
Median
1.09
Minimum
0.12
Maximum
6.08
Discovering the peaks and valleys of Titan Medical 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 = 538.10%
Maximum Annual Current Ratio = 6.08
Minimum Annual Increase = -90.09%
Minimum Annual Current Ratio = 0.12
Year | Current Ratio | Change |
---|---|---|
2023 | 2.78 | 388.23% |
2022 | 0.57 | -85.82% |
2021 | 4.01 | 538.10% |
2020 | 0.63 | 440.63% |
2019 | 0.12 | -90.09% |
2018 | 1.17 | -18.60% |
2017 | 1.44 | 43.96% |
2016 | 1.00 | 6.97% |
2015 | 0.93 | -84.61% |
2014 | 6.08 | 144.98% |
The current Current Ratio of Titan Medical Inc. (TMDI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.45
5-year avg
1.62
10-year avg
1.87
Titan Medical Inc.’s Current Ratio is
Company | Current Ratio | Market cap |
---|
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 Titan Medical 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:
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.
The easiest way to analyze a company like Titan Medical 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Titan Medical Inc.'s Current Ratio?
How is the Current Ratio calculated for Titan Medical Inc. (TMDI)?
What is the highest Current Ratio for Titan Medical Inc. (TMDI)?
What is the 3-year average Current Ratio for Titan Medical Inc. (TMDI)?
What is the 5-year average Current Ratio for Titan Medical Inc. (TMDI)?
How does the current Current Ratio for Titan Medical Inc. (TMDI) compare to its historical average?