Echo Therapeutics, Inc.

Echo Therapeutics, Inc.verified

ECTE

Price:

$0.0002

Market Cap:

$0

Echo Therapeutics, Inc. engages in the development of transdermal skin permeation and diagnostic medical devices for wearable-health consumer and diabetes outpatient markets. It is developing continuous glucose monitoring (CGM) system, a needle-free wireless continuous glucose monitoring system in a hospital setting in the European Union. The company has a licensing agreement with Ferndale Pharma Group, Inc. to develop, manufacture, distribute, and market devices for skin preparation prior to the application of topical anesthetics or analgesics prior to a range of needle-based medical procedures in North America, the United Kingdom, South America, Australia, New Zealand, Switzerland, and oth...[Read more]

Industry

Medical - Devices

IPO Date

2022-01-31

Stock Exchange

OTC

Ticker

ECTE

The Current Ratio as of December 2025 (TTM) for Echo Therapeutics, Inc. (ECTE) is 0.09

According to Echo Therapeutics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.09. This represents a change of 7.52% compared to the average of 0.09 of the last 4 quarters.

Echo Therapeutics, Inc. (ECTE) Historical Current Ratio (quarterly & annually)

How has ECTE Current Ratio performed in the past?

The mean historical Current Ratio of Echo Therapeutics, Inc. over the last ten years is 1.54. The current 0.09 Current Ratio has changed 503.66% with respect to the historical average. Over the past ten years (40 quarters), ECTE's Current Ratio was at its highest in in the December 2005 quarter at 5.67. The Current Ratio was at its lowest in in the March 2009 quarter at 0.02.

Quarterly (TTM)
Annual

Average

1.54

Median

0.62

Minimum

0.08

Maximum

5.67

Echo Therapeutics, Inc. (ECTE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Echo Therapeutics, 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 = 509.94%

Maximum Annual Current Ratio = 5.67

Minimum Annual Increase = -92.36%

Minimum Annual Current Ratio = 0.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20150.09-84.81%
20140.61-76.21%
20132.57374.01%
20120.54-85.86%
20113.84509.94%
20100.6370.94%
20090.37382.16%
20080.08-92.36%
20071.00-82.38%
20055.67-36.67%

Echo Therapeutics, Inc. (ECTE) Average Current Ratio

How has ECTE Current Ratio performed in the past?

The current Current Ratio of Echo Therapeutics, Inc. (ECTE) 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

1.09

5-year avg

1.53

10-year avg

1.54

Echo Therapeutics, Inc. (ECTE) Current Ratio vs. Peers

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

Echo Therapeutics, Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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