BDMD
Price:
$1.63
Market Cap:
$60.34M
Baird Medical Investment Holdings Limited, together with its subsidiaries develops and sells microwave ablation medical devices for minimally invasive tumor treatment in China. The company's medical devices are used for treatment of benign and malignant tumors, including thyroid nodules, liver cancer, lung cancer, and breast lumps. Baird Medical Investment Holdings Limited was founded in 2012 and is headquartered in Guangzhou, China.
Industry
Medical - Devices
IPO Date
2021-12-16
Stock Exchange
NASDAQ
Ticker
BDMD
According to Baird Medical Investment Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.77. This represents a change of 80.51% compared to the average of 0.98 of the last 4 quarters.
The mean historical Current Ratio of Baird Medical Investment Holdings Limited over the last ten years is 1.66. The current 1.77 Current Ratio has changed 10.59% with respect to the historical average. Over the past ten years (40 quarters), BDMD's Current Ratio was at its highest in in the June 2024 quarter at 2.10. The Current Ratio was at its lowest in in the December 2023 quarter at 0.
Average
1.66
Median
1.94
Minimum
0.26
Maximum
2.29
Discovering the peaks and valleys of Baird Medical Investment Holdings Limited 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 = 446.96%
Maximum Annual Current Ratio = 2.29
Minimum Annual Increase = -16.03%
Minimum Annual Current Ratio = 0.26
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.77 | -16.03% |
| 2023 | 2.11 | 0.24% |
| 2022 | 2.11 | -8.13% |
| 2021 | 2.29 | 62.59% |
| 2020 | 1.41 | 446.96% |
The current Current Ratio of Baird Medical Investment Holdings Limited (BDMD) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.00
5-year avg
1.94
10-year avg
1.66
Baird Medical Investment Holdings Limited’s Current Ratio is less than IceCure Medical Ltd (2.38), less than Cytosorbents Corporation (2.11), less than NeuroOne Medical Technologies Corporation (7.13), greater than HeartBeam, Inc. (0.86), greater than electroCore, Inc. (1.10), less than Vicarious Surgical Inc. (5.11), greater than FibroGen, Inc. (1.04), greater than Inotiv, Inc. (0.35), less than Biodesix, Inc. (1.84), less than OnKure Therapeutics, Inc. (11.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.38 | $46.82M | |
| 2.11 | $46.41M | |
| 7.13 | $33.51M | |
| 0.86 | $24.75M | |
| 1.10 | $39.57M | |
| 5.11 | $17.68M | |
| 1.04 | $33.37M | |
| 0.35 | $30.19M | |
| 1.84 | $63.03M | |
| 11.45 | $35.63M |
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