Orthofix Medical Inc.

Orthofix Medical Inc.verified

OFIX

Price:

$18.22

Market Cap:

$695.54M

Orthofix Medical Inc. operates as a medical device and biologics company in the United States, Italy, Germany, France, the United Kingdom, Brazil, and internationally. It operates through two segments, Global Spine and Global Orthopedics. The Global Spine segment manufactures, distributes, and provides support services for bone growth stimulator devices that enhance bone fusion, as well as used as a therapeutic treatment for non-spinal and appendicular fractures. This segment also designs, develops, and markets a portfolio of motion preservation and fixation implant products, which are used in surgical procedures of the spine; and a portfolio of products and tissue forms that allow physician...[Read more]

Industry

Medical - Devices

IPO Date

1992-04-24

Stock Exchange

NASDAQ

Ticker

OFIX

The Current Ratio as of November 2024 (TTM) for Orthofix Medical Inc. (OFIX) is 2.48

According to Orthofix Medical Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.48. This represents a change of -3.40% compared to the average of 2.56 of the last 4 quarters.

Orthofix Medical Inc. (OFIX) Historical Current Ratio (quarterly & annually)

How has OFIX Current Ratio performed in the past?

The mean historical Current Ratio of Orthofix Medical Inc. over the last ten years is 2.86. The current 2.48 Current Ratio has changed 8.55% with respect to the historical average. Over the past ten years (40 quarters), OFIX's Current Ratio was at its highest in in the March 2018 quarter at 4.04. The Current Ratio was at its lowest in in the September 2016 quarter at 2.22.

Quarterly (TTM)
Annual

Average

2.86

Median

2.73

Minimum

2.33

Maximum

3.86

Orthofix Medical Inc. (OFIX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Orthofix Medical 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 = 36.13%

Maximum Annual Current Ratio = 3.86

Minimum Annual Increase = -32.92%

Minimum Annual Current Ratio = 2.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.54-16.87%
20223.0620.20%
20212.55-2.14%
20202.60-15.22%
20193.077.79%
20182.85-10.20%
20173.1736.13%
20162.33-10.02%
20152.59-32.92%
20143.86-4.22%

Orthofix Medical Inc. (OFIX) Average Current Ratio

How has OFIX Current Ratio performed in the past?

The current Current Ratio of Orthofix Medical Inc. (OFIX) 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

2.72

5-year avg

2.76

10-year avg

2.86

Orthofix Medical Inc. (OFIX) Current Ratio vs. Peers

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

Orthofix Medical Inc.’s Current Ratio is less than Globus Medical, Inc. (2.51), greater than CONMED Corporation (2.27), greater than Alphatec Holdings, Inc. (2.32), less than LivaNova PLC (3.37), greater than NuVasive, Inc. (1.25), less than Glaukos Corporation (5.54), less than Heska Corporation (5.64), greater than Bruker Corporation (1.66), less than Pulmonx Corporation (7.70), less than IRadimed Corporation (9.21), less than NeuroPace, Inc. (6.37), less than Integer Holdings Corporation (3.28), less than OrthoPediatrics Corp. (7.17), less than Sight Sciences, Inc. (11.01), less than CVRx, Inc. (11.32), less than RxSight, Inc. (12.67), less than Paragon 28, Inc. (3.57),

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