Meridian Bioscience, Inc.

Meridian Bioscience, Inc.verified

VIVO

Price:

$33.97

Market Cap:

$1.49B

Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, and elevated blood lead levels worldwide. The company operates through Diagnostics and Life Science segments. The Diagnostics segment offers testing platforms, including real-time PCR amplification under the Revogene brand; isothermal DNA amplification under the Alethia brand; lateral flow immunoassay using fluorescent chemistry under the Curian brand; rapid immunoassay under the ImmunoCard and ImmunoCard STAT! brands; enzyme-linked immunoassays under the PREMIER brand; anodic stripping voltammetry under the...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1986-07-29

Stock Exchange

NASDAQ

Ticker

VIVO

The Current Ratio as of October 2024 (TTM) for Meridian Bioscience, Inc. (VIVO) is 2.56

According to Meridian Bioscience, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.56. This represents a change of -24.41% compared to the average of 3.39 of the last 4 quarters.

Meridian Bioscience, Inc. (VIVO) Historical Current Ratio (quarterly & annually)

How has VIVO Current Ratio performed in the past?

The mean historical Current Ratio of Meridian Bioscience, Inc. over the last ten years is 5.65. The current 2.56 Current Ratio has changed 4.44% with respect to the historical average. Over the past ten years (40 quarters), VIVO's Current Ratio was at its highest in in the June 2015 quarter at 8.88. The Current Ratio was at its lowest in in the December 2022 quarter at 2.56.

Quarterly (TTM)
Annual

Average

5.65

Median

5.68

Minimum

3.09

Maximum

8.21

Meridian Bioscience, Inc. (VIVO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Meridian Bioscience, 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 = 56.16%

Maximum Annual Current Ratio = 8.21

Minimum Annual Increase = -55.39%

Minimum Annual Current Ratio = 3.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20223.63-11.12%
20214.0932.41%
20203.09-55.39%
20196.9220.33%
20185.75-1.66%
20175.854.13%
20165.62-30.27%
20158.06-1.87%
20148.2156.16%
20135.260.48%

Meridian Bioscience, Inc. (VIVO) Average Current Ratio

How has VIVO Current Ratio performed in the past?

The current Current Ratio of Meridian Bioscience, Inc. (VIVO) 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

3.60

5-year avg

4.70

10-year avg

5.65

Meridian Bioscience, Inc. (VIVO) Current Ratio vs. Peers

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

Meridian Bioscience, Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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