QIPT
Price:
$3.65
Market Cap:
$0
Quipt Home Medical Corp., headquartered in Wilder, Kentucky, delivers essential medical devices and supplies directly to patients' homes across the United States. The company is dedicated to supporting individuals managing various chronic health conditions, such as cardiac and pulmonary diseases, sleep disorders, and reduced mobility, by supplying durable and respiratory medical equipment. Their extensive product catalog includes vital respiratory aids like oxygen concentrators, nebulizers, CPAP and BiPAP machines, and ventilator systems. Additionally, Quipt offers a broad selection of mobility assistance devices, including power wheelchairs, walkers, canes, crutches, and patient lifts. Othe...[Read more]
Industry
Medical - Devices
IPO Date
2010-08-10
Stock Exchange
NASDAQ
Ticker
QIPT
According to Quipt Home Medical Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.04. This represents a change of -6.83% compared to the average of 1.11 of the last 4 quarters.
The mean historical Current Ratio of Quipt Home Medical Corp. over the last ten years is 1.62. The current 1.04 Current Ratio has changed 6.30% with respect to the historical average. Over the past ten years (40 quarters), QIPT's Current Ratio was at its highest in in the September 2017 quarter at 3.49. The Current Ratio was at its lowest in in the March 2023 quarter at 0.73.
Average
1.62
Median
1.35
Minimum
1.00
Maximum
3.49
Discovering the peaks and valleys of Quipt Home Medical Corp. 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 = 66.17%
Maximum Annual Current Ratio = 3.49
Minimum Annual Increase = -64.19%
Minimum Annual Current Ratio = 1.00
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.05 | -12.65% |
| 2024 | 1.20 | 11.14% |
| 2023 | 1.08 | 8.55% |
| 2022 | 1.00 | -43.08% |
| 2021 | 1.75 | -5.86% |
| 2020 | 1.86 | 27.17% |
| 2019 | 1.46 | 16.88% |
| 2018 | 1.25 | -64.19% |
| 2017 | 3.49 | 66.17% |
| 2016 | 2.10 | -32.39% |
The current Current Ratio of Quipt Home Medical Corp. (QIPT) 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
1.11
5-year avg
1.21
10-year avg
1.62
Quipt Home Medical Corp.’s Current Ratio is greater than AVITA Medical, Inc. (0.47), less than Apyx Medical Corporation (5.80), less than Vivani Medical, Inc. (3.18), less than InspireMD, Inc. (5.15), less than Xtant Medical Holdings, Inc. (3.34), less than DocGo Inc. (1.79), less than FONAR Corporation (9.18), less than Hyperfine, Inc. (5.52), less than Anebulo Pharmaceuticals, Inc. (16.71), less than Coya Therapeutics, Inc. (15.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.47 | $97.14M | |
| 5.80 | $196.39M | |
| 3.18 | $64.99M | |
| 5.15 | $34.19M | |
| 3.34 | $61.72M | |
| 1.79 | $57.25M | |
| 9.18 | $117.76M | |
| 5.52 | $114.53M | |
| 16.71 | $19.37M | |
| 15.02 | $86.31M |
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What is the Current Ratio?
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What is Quipt Home Medical Corp.'s Current Ratio?
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What is the 3-year average Current Ratio for Quipt Home Medical Corp. (QIPT)?
What is the 5-year average Current Ratio for Quipt Home Medical Corp. (QIPT)?
How does the current Current Ratio for Quipt Home Medical Corp. (QIPT) compare to its historical average?