Tenon Medical, Inc.

Tenon Medical, Inc.verified

TNON

Price:

$5.25

Market Cap:

$2.68M

Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and corresponding outcomes. It sells The CATAMARAN SIJ Fusion System that includes instruments and implants designed to prepare and fixate the SI-Joint for fusion in the United States and Puerto Rico. The company was founded in 2012 and is based in Los Gatos, California.[Read more]

Industry

Medical - Devices

IPO Date

2022-04-27

Stock Exchange

NASDAQ

Ticker

TNON

The Current Ratio as of September 2024 (TTM) for Tenon Medical, Inc. (TNON) is 1.20

According to Tenon Medical, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.20. This represents a change of -28.07% compared to the average of 1.67 of the last 4 quarters.

Tenon Medical, Inc. (TNON) Historical Current Ratio (quarterly & annually)

How has TNON Current Ratio performed in the past?

The mean historical Current Ratio of Tenon Medical, Inc. over the last ten years is 1.16. The current 1.20 Current Ratio has changed 10.26% with respect to the historical average. Over the past ten years (40 quarters), TNON's Current Ratio was at its highest in in the September 2022 quarter at 10.79. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.16

Median

0.50

Minimum

0.16

Maximum

3.69

Tenon Medical, Inc. (TNON) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tenon 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 = 635.49%

Maximum Annual Current Ratio = 3.69

Minimum Annual Increase = -66.48%

Minimum Annual Current Ratio = 0.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.24-66.48%
20223.69635.49%
20210.50147.39%
20200.2027.76%

Tenon Medical, Inc. (TNON) Average Current Ratio

How has TNON Current Ratio performed in the past?

The current Current Ratio of Tenon Medical, Inc. (TNON) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.81

5-year avg

1.16

10-year avg

1.16

Tenon Medical, Inc. (TNON) Current Ratio vs. Peers

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

Tenon Medical, Inc.’s Current Ratio is less than Ainos, Inc. (1.48), greater than STRATA Skin Sciences, Inc. (1.14), less than NeuroPace, Inc. (6.37), less than Movano Inc. (5.76), less than Tivic Health Systems, Inc. (7.89), less than Bone Biologics Corporation (11.22), greater than INVO Bioscience, Inc. (0.30), less than Motus GI Holdings, Inc. (1.74), less than Aurora Spine Corporation (0), less than Dynatronics Corporation (2.35), less than Aziyo Biologics, Inc. (1.40), greater than Sight Sciences, Inc. (0.87), less than null (11.01),

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