MEDS
Price:
$7.59
Market Cap:
$13.28M
TRxADE HEALTH, Inc. operates as a health services IT company in the United States. The company focuses on digitalizing the retail pharmacy experience by optimizing drug procurement, prescription journey, and patient engagement. It operates the TRxADE drug procurement marketplace, which fosters price transparency and serves approximately 11,800 members; and offers patient centric telehealth services under the Bonum Health brand name. The company was formerly known as Trxade Group, Inc. and changed its name to TRxADE HEALTH, Inc. in June 2021. TRxADE HEALTH, Inc. is based in Land O' Lakes, Florida.
Industry
Medical - Pharmaceuticals
IPO Date
2014-02-06
Stock Exchange
NASDAQ
Ticker
MEDS
According to TRxADE HEALTH, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -64.05% compared to the average of 0.54 of the last 4 quarters.
The mean historical Current Ratio of TRxADE HEALTH, Inc. over the last ten years is 3.00. The current 0.19 Current Ratio has changed 544.33% with respect to the historical average. Over the past ten years (40 quarters), MEDS's Current Ratio was at its highest in in the September 2020 quarter at 19.90. The Current Ratio was at its lowest in in the June 2025 quarter at 0.11.
Average
3.00
Median
1.43
Minimum
0.23
Maximum
10.95
Discovering the peaks and valleys of TRxADE HEALTH, 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 = 405.78%
Maximum Annual Current Ratio = 10.95
Minimum Annual Increase = -88.14%
Minimum Annual Current Ratio = 0.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.80 | 234.75% |
| 2023 | 0.24 | -75.57% |
| 2022 | 0.98 | -79.36% |
| 2021 | 4.72 | -56.86% |
| 2020 | 10.95 | 49.94% |
| 2019 | 7.30 | 328.51% |
| 2018 | 1.70 | 47.37% |
| 2017 | 1.16 | 405.78% |
| 2016 | 0.23 | -88.14% |
| 2015 | 1.93 | -12.43% |
The current Current Ratio of TRxADE HEALTH, Inc. (MEDS) 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
0.67
5-year avg
3.54
10-year avg
3.00
TRxADE HEALTH, Inc.’s Current Ratio is less than Dole plc (1.26), less than 23andMe Holding Co. (0.81), less than Reunion Neuroscience Inc. (3.52), less than Cano Health, Inc. (1.63), less than Celyad Oncology S.A. (0.66), less than Axcella Health Inc. (1.21), less than China Jo-Jo Drugstores, Inc. (1.74), less than SQZ Biotechnologies Company (3.12), less than Talphera, Inc. (2.93), less than Babylon Holdings Limited (1.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.26 | $1.41B | |
| 0.81 | $13.34M | |
| 3.52 | $13.12M | |
| 1.63 | $12.43M | |
| 0.66 | $14.24M | |
| 1.21 | $12.50M | |
| 1.74 | $9.95M | |
| 3.12 | $884.73K | |
| 2.93 | $25.85M | |
| 1.36 | $2.56K |
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