Tandem Diabetes Care, Inc.

Tandem Diabetes Care, Inc.verified

TNDM

Price:

$30.81

Market Cap:

$2.02B

Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States and internationally. The company's flagship product is the t:slim X2 insulin delivery system, a pump platform that comprises t:slim X2 pump, its 300-unit disposable insulin cartridge, and an infusion set. It also provides t:slim X2 insulin with Basal-IQ and control IQ technology; t:slim X2 with G5 Integration; and Tandem Device Updater, a tool that allows users to update their pump's software. In addition, the company offers t:connect, a web-based data management application, which provides a visual way to display diabete...[Read more]

Industry

Medical - Devices

IPO Date

2013-11-14

Stock Exchange

NASDAQ

Ticker

TNDM

The Current Ratio as of November 2024 (TTM) for Tandem Diabetes Care, Inc. (TNDM) is 2.90

According to Tandem Diabetes Care, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.90. This represents a change of -14.55% compared to the average of 3.40 of the last 4 quarters.

Tandem Diabetes Care, Inc. (TNDM) Historical Current Ratio (quarterly & annually)

How has TNDM Current Ratio performed in the past?

The mean historical Current Ratio of Tandem Diabetes Care, Inc. over the last ten years is 4.06. The current 2.90 Current Ratio has changed 7.05% with respect to the historical average. Over the past ten years (40 quarters), TNDM's Current Ratio was at its highest in in the March 2015 quarter at 7.41. The Current Ratio was at its lowest in in the December 2017 quarter at 1.78.

Quarterly (TTM)
Annual

Average

4.06

Median

3.93

Minimum

1.78

Maximum

6.15

Tandem Diabetes Care, Inc. (TNDM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tandem Diabetes Care, 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 = 120.86%

Maximum Annual Current Ratio = 6.15

Minimum Annual Increase = -50.85%

Minimum Annual Current Ratio = 1.78

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.83-25.51%
20225.14-16.45%
20216.150.30%
20206.14120.86%
20192.78-1.98%
20182.8359.42%
20171.78-39.23%
20162.93-27.47%
20154.03-19.57%
20145.02-50.85%

Tandem Diabetes Care, Inc. (TNDM) Average Current Ratio

How has TNDM Current Ratio performed in the past?

The current Current Ratio of Tandem Diabetes Care, Inc. (TNDM) 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

5.04

5-year avg

4.81

10-year avg

4.06

Tandem Diabetes Care, Inc. (TNDM) Current Ratio vs. Peers

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

Tandem Diabetes Care, Inc.’s Current Ratio is greater than DexCom, Inc. (2.46), less than Inspire Medical Systems, Inc. (7.84), less than ShockWave Medical, Inc. (13.81), less than Penumbra, Inc. (5.82), less than Insulet Corporation (3.68), greater than Abbott Laboratories (1.60), greater than Align Technology, Inc. (1.26), greater than Stryker Corporation (1.91), less than Asensus Surgical, Inc. (0), greater than Pacific Biosciences of California, Inc. (0.49), less than Nano-X Imaging Ltd. (9.74), less than Boston Scientific Corporation (4.64), greater than Medtronic plc (1.48), greater than null (1.84),

Build a custom stock screener for Tandem Diabetes Care, Inc. (TNDM) 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 Tandem Diabetes Care, 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.

Tandem Diabetes Care, Inc. (TNDM) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tandem Diabetes Care, 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 Tandem Diabetes Care, Inc.'s Current Ratio?

How is the Current Ratio calculated for Tandem Diabetes Care, Inc. (TNDM)?

What is the highest Current Ratio for Tandem Diabetes Care, Inc. (TNDM)?

What is the 3-year average Current Ratio for Tandem Diabetes Care, Inc. (TNDM)?

What is the 5-year average Current Ratio for Tandem Diabetes Care, Inc. (TNDM)?

How does the current Current Ratio for Tandem Diabetes Care, Inc. (TNDM) compare to its historical average?