MEDINET Co., Ltd.

MEDINET Co., Ltd.verified

2370.T

Price:

$31

Market Cap:

$8.21B

MEDINET Co., Ltd. operates as a contract development and manufacturing organization that provides regenerative medicine and cell therapy solutions in Japan. Its solutions include technical know-how, facilities, systems, materials, professional cell-engineers, and other requirements to conduct immuno-cell therapy. The company also manufactures regenerative medical/investigational and specified cell products. In addition, its value chain solutions include personnel training, facility and equipment design, facility operations and management, preparation of standard operating procedures, logistics network, information system, purchasing and production management, quality management system, quali...[Read more]

Industry

Biotechnology

IPO Date

2003-10-08

Stock Exchange

JPX

Ticker

2370.T

The Current Ratio as of December 2025 (TTM) for MEDINET Co., Ltd. (2370.T) is 15.75

According to MEDINET Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 15.75. This represents a change of 4.68% compared to the average of 15.05 of the last 4 quarters.

MEDINET Co., Ltd. (2370.T) Historical Current Ratio (quarterly & annually)

How has 2370.T Current Ratio performed in the past?

The mean historical Current Ratio of MEDINET Co., Ltd. over the last ten years is 10.93. The current 15.75 Current Ratio has changed 14.31% with respect to the historical average. Over the past ten years (40 quarters), 2370.T's Current Ratio was at its highest in in the December 2022 quarter at 20.84. The Current Ratio was at its lowest in in the December 2017 quarter at 2.76.

Quarterly (TTM)
Annual

Average

10.93

Median

12.10

Minimum

3.46

Maximum

18.64

MEDINET Co., Ltd. (2370.T) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MEDINET Co., Ltd. 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 = 202.18%

Maximum Annual Current Ratio = 18.64

Minimum Annual Increase = -42.05%

Minimum Annual Current Ratio = 3.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
202418.6435.58%
202313.75-20.12%
202217.217.47%
202116.0211.26%
202014.40155.55%
20195.63-7.04%
20186.06-42.05%
201710.46202.18%
20163.46-6.89%
20153.72-27.53%

MEDINET Co., Ltd. (2370.T) Average Current Ratio

How has 2370.T Current Ratio performed in the past?

The current Current Ratio of MEDINET Co., Ltd. (2370.T) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

16.53

5-year avg

16.00

10-year avg

10.93

MEDINET Co., Ltd. (2370.T) Current Ratio vs. Peers

How is 2370.T’s Current Ratio compared to its peers?

MEDINET Co., Ltd.’s Current Ratio is greater than Chiome Bioscience Inc. (4.72), greater than ADR120S, Inc. (5.44), less than K Pharma,Inc. (19.41), greater than Linical Co., Ltd. (1.55), greater than OncoTherapy Science, Inc. (4.06), greater than MediciNova, Inc. (13.26), greater than BrightPath Biotherapeutics Co., Ltd. (12.43), greater than StemCell Institute Inc. (1.16), greater than Kohjin Bio Co., Ltd. (1.83), greater than CellSource Co., Ltd. (8.32),

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