INRD
Price:
$1.09
Market Cap:
$18.28M
Inrad Optics, Inc., along with its affiliates, is a global leader in the development, manufacturing, and distribution of advanced optical solutions. The company specializes in crystal-based optical components, bespoke optical elements, and high-precision optical and opto-mechanical assemblies. Their product portfolio encompasses a wide array of optical components, specialized coatings, and integrated subassemblies. Notably, they supply UV filter optical components critical for defense applications, such as missile warning sensors, and also offer expert opto-mechanical design and assembly services. These optical elements include flat, prismatic, and spherical components, crafted from both con...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
1999-04-08
Stock Exchange
OTC
Ticker
INRD
According to Inrad Optics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.67. This represents a change of 20.04% compared to the average of 3.06 of the last 4 quarters.
The mean historical Current Ratio of Inrad Optics, Inc. over the last ten years is 3.24. The current 3.67 Current Ratio has changed 11.26% with respect to the historical average. Over the past ten years (40 quarters), INRD's Current Ratio was at its highest in in the December 2021 quarter at 4.56. The Current Ratio was at its lowest in in the March 2024 quarter at 1.71.
Average
3.24
Median
3.14
Minimum
2.46
Maximum
4.56
Discovering the peaks and valleys of Inrad Optics, 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 = 60.70%
Maximum Annual Current Ratio = 4.56
Minimum Annual Increase = -33.97%
Minimum Annual Current Ratio = 2.46
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 3.67 | 22.14% |
| 2022 | 3.01 | -33.97% |
| 2021 | 4.56 | 60.70% |
| 2020 | 2.84 | 11.90% |
| 2019 | 2.53 | -27.67% |
| 2018 | 3.50 | 42.59% |
| 2017 | 2.46 | -13.51% |
| 2016 | 2.84 | -13.30% |
| 2015 | 3.28 | -10.67% |
| 2014 | 3.67 | -33.02% |
The current Current Ratio of Inrad Optics, Inc. (INRD) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.75
5-year avg
3.32
10-year avg
3.24
Inrad Optics, Inc.’s Current Ratio is greater than 5th Planet Games A/S (3.10), greater than Kleos Space S.A. (1.09), greater than Good Gamer Entertainment Inc. (0.01), less than Buddy Technologies Limited (0), greater than Gamelancer Media Corp. (0.17), less than Odysight.ai Inc. (7.80), greater than LifeSpeak Inc. (0.09), less than Mobilicom Limited (8.51), less than IMINT Image Intelligence AB (publ.) (5.54), less than EOS International, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.10 | $39.08M | |
| 1.09 | $15.27M | |
| 0.01 | $333.73K | |
| 0 | $20.02M | |
| 0.17 | $22.03M | |
| 7.80 | $67.78M | |
| 0.09 | $14.02M | |
| 8.51 | $12.84M | |
| 5.54 | $21.52M | |
| 0 | $14.85M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Inrad Optics, Inc. (INRD)?
How does the current Current Ratio for Inrad Optics, Inc. (INRD) compare to its historical average?