QLIS
Price:
$0.2667
Market Cap:
$5.45M
Qualis Innovations, Inc. focuses on the development, production, and distribution of pain management and other central nervous system (CNS) based solutions. Its lead product is SOLACE, a non-invasive medical device to use electromagnetic induction to generate deep heat below the surface of the skin to reduce and relieve pain. The company is headquartered in Chadds Ford, Pennsylvania.
Industry
Medical - Devices
IPO Date
2007-05-01
Stock Exchange
OTC
Ticker
QLIS
According to Qualis Innovations, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 32.29. This represents a change of 110.46% compared to the average of 15.34 of the last 4 quarters.
The mean historical Current Ratio of Qualis Innovations, Inc. over the last ten years is 5.12. The current 32.29 Current Ratio has changed 62.94% with respect to the historical average. Over the past ten years (40 quarters), QLIS's Current Ratio was at its highest in in the September 2025 quarter at 32.29. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
5.12
Median
0.90
Minimum
0
Maximum
25.08
Discovering the peaks and valleys of Qualis Innovations, 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 = Infinity%
Maximum Annual Current Ratio = 25.08
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.47 | 10.00% |
| 2023 | 0.00 | -99.87% |
| 2022 | 3.58 | -85.72% |
| 2021 | 25.08 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 16.19 | 1.11% |
| 2011 | 1.33 | 6.74% |
| 2010 | 0.02 | -87.55% |
| 2009 | 0.16 | -96.42% |
| 2008 | 4.38 | -15.22% |
The current Current Ratio of Qualis Innovations, Inc. (QLIS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.35
5-year avg
5.83
10-year avg
5.12
Qualis Innovations, Inc.’s Current Ratio is greater than Rhinomed Limited (0.27), greater than Deltex Medical Group plc (1.89), greater than Fire & Flower Holdings Corp. (0.81), greater than Bloom Health Partners Inc. (0.70), greater than Tryp Therapeutics Inc. (0.24), less than VIVO Cannabis Inc. (0), greater than CLS Holdings USA, Inc. (0.17), greater than China Infrastructure Construction Corp. (0.02), greater than SQI Diagnostics Inc. (0.31), greater than CloudMD Software & Services Inc. (0.83),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.27 | $5.45M | |
| 1.89 | $180.58M | |
| 0.81 | $5.42M | |
| 0.70 | $5.22M | |
| 0.24 | $5.42M | |
| 0 | $5.67M | |
| 0.17 | $5.94M | |
| 0.02 | $5.04M | |
| 0.31 | $6.07M | |
| 0.83 | $6.25M |
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