QTRX
Price:
$7.7
Market Cap:
$359.67M
Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. It offers HD-X instrument, a sensitive automated multiplex protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection technology in various applications, including direct detection of nucleic acids. The company also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assay...[Read more]
Industry
Medical - Devices
IPO Date
2017-12-07
Stock Exchange
NASDAQ
Ticker
QTRX
According to Quanterix Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 6.68. This represents a change of -20.68% compared to the average of 8.42 of the last 4 quarters.
The mean historical Current Ratio of Quanterix Corporation over the last ten years is 6.69. The current 6.68 Current Ratio has changed 9.88% with respect to the historical average. Over the past ten years (40 quarters), QTRX's Current Ratio was at its highest in in the September 2021 quarter at 14.73. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
6.69
Median
6.10
Minimum
0.73
Maximum
12.32
Discovering the peaks and valleys of Quanterix Corporation 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 = 338.02%
Maximum Annual Current Ratio = 12.32
Minimum Annual Increase = -24.30%
Minimum Annual Current Ratio = 0.73
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 8.66 | -10.83% |
| 2023 | 9.71 | -21.21% |
| 2022 | 12.32 | 1.47% |
| 2021 | 12.14 | 120.06% |
| 2020 | 5.52 | -17.52% |
| 2019 | 6.69 | 95.17% |
| 2018 | 3.43 | -24.30% |
| 2017 | 4.53 | 40.73% |
| 2016 | 3.22 | 338.02% |
The current Current Ratio of Quanterix Corporation (QTRX) 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
10.23
5-year avg
9.67
10-year avg
6.69
Quanterix Corporation’s Current Ratio is greater than SANUWAVE Health, Inc. (1.16), greater than 908 Devices Inc. (3.49), less than Sight Sciences, Inc. (9.60), less than Outset Medical, Inc. (7.09), greater than Nano-X Imaging Ltd. (4.19), greater than Senseonics Holdings, Inc. (6.23), less than CVRx, Inc. (11.99), greater than Viemed Healthcare, Inc. (1.48), greater than Inogen, Inc. (3.14), greater than Immuneering Corporation (3.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.16 | $290.63M | |
| 3.49 | $240.68M | |
| 9.60 | $440.95M | |
| 7.09 | $85.68M | |
| 4.19 | $244.21M | |
| 6.23 | $274.93M | |
| 11.99 | $245.05M | |
| 1.48 | $264.32M | |
| 3.14 | $189.76M | |
| 3.70 | $242.86M |
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