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
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.
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.
Average
10.93
Median
12.10
Minimum
3.46
Maximum
18.64
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
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 18.64 | 35.58% |
| 2023 | 13.75 | -20.12% |
| 2022 | 17.21 | 7.47% |
| 2021 | 16.02 | 11.26% |
| 2020 | 14.40 | 155.55% |
| 2019 | 5.63 | -7.04% |
| 2018 | 6.06 | -42.05% |
| 2017 | 10.46 | 202.18% |
| 2016 | 3.46 | -6.89% |
| 2015 | 3.72 | -27.53% |
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.’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.72 | $7.55B | |
| 5.44 | $7.44B | |
| 19.41 | $7.43B | |
| 1.55 | $6.82B | |
| 4.06 | $7.11B | |
| 13.26 | $11.53B | |
| 12.43 | $4.63B | |
| 1.16 | $7.89B | |
| 1.83 | $7.96B | |
| 8.32 | $9.51B |
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What is the Current Ratio?
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What is MEDINET Co., Ltd.'s Current Ratio?
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What is the 3-year average Current Ratio for MEDINET Co., Ltd. (2370.T)?
What is the 5-year average Current Ratio for MEDINET Co., Ltd. (2370.T)?
How does the current Current Ratio for MEDINET Co., Ltd. (2370.T) compare to its historical average?