Neovasc Inc.

Neovasc Inc.verified

NVCN

Price:

$30.03

Market Cap:

$82.86M

Neovasc Inc., a specialty medical device company, develops, manufactures, and markets products for cardiovascular marketplace in Europe and internationally. Its products include the Tiara technology for the transcatheter treatment of mitral valve disease; and the Neovasc Reducer for the treatment of refractory angina. The company was formerly known as Medical Ventures Corp. and changed its name to Neovasc Inc. in July 2008. Neovasc Inc. was incorporated in 2000 and is headquartered in Richmond, Canada.

Industry

Medical - Devices

IPO Date

2001-05-23

Stock Exchange

NASDAQ

Ticker

NVCN

The Current Ratio as of November 2025 (TTM) for Neovasc Inc. (NVCN) is 2.96

According to Neovasc Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.96. This represents a change of -65.14% compared to the average of 8.48 of the last 4 quarters.

Neovasc Inc. (NVCN) Historical Current Ratio (quarterly & annually)

How has NVCN Current Ratio performed in the past?

The mean historical Current Ratio of Neovasc Inc. over the last ten years is 4.86. The current 2.96 Current Ratio has changed 5.99% with respect to the historical average. Over the past ten years (40 quarters), NVCN's Current Ratio was at its highest in in the March 2015 quarter at 34.45. The Current Ratio was at its lowest in in the September 2016 quarter at 0.32.

Quarterly (TTM)
Annual

Average

4.86

Median

2.51

Minimum

0.54

Maximum

17.79

Neovasc Inc. (NVCN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Neovasc 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 = 439.93%

Maximum Annual Current Ratio = 17.79

Minimum Annual Increase = -95.24%

Minimum Annual Current Ratio = 0.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20222.96-73.32%
202111.08439.93%
20202.05277.04%
20190.54-58.04%
20181.3069.02%
20170.77-9.34%
20160.85-95.24%
201517.79121.38%
20148.04150.12%
20133.21-51.37%

Neovasc Inc. (NVCN) Average Current Ratio

How has NVCN Current Ratio performed in the past?

The current Current Ratio of Neovasc Inc. (NVCN) 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

5.37

5-year avg

3.59

10-year avg

4.86

Neovasc Inc. (NVCN) Current Ratio vs. Peers

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

Neovasc Inc.’s Current Ratio is greater than Asensus Surgical, Inc. (2.88), less than enVVeno Medical Corporation (13.12), greater than Lifeward Ltd. (0), less than IGM Biosciences, Inc. (17.66), less than Berkeley Lights, Inc. (3.89), less than Jade Biosciences, Inc. (9.01), less than Zomedica Corp. (8.44), less than Zynerba Pharmaceuticals, Inc. (5.97), less than Insight Molecular Diagnostics Inc. (4.04),

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