RPID
Price:
$1.71
Market Cap:
$77.50M
Rapid Micro Biosystems, Inc. operates as a life sciences technology firm, supplying advanced solutions for identifying microbial impurities in the production processes of pharmaceuticals, medical devices, and personal care goods across North America, Europe, and Asia. Central to their offerings is the Growth Direct platform, a comprehensive system comprising the Growth Direct instrument, specialized disposable components, software for seamless integration with laboratory information management systems (LIMS), and extensive customer validation and support services. This innovative platform is designed to automate and modernize traditional, labor-intensive microbial quality control (MQC) testi...[Read more]
Industry
Medical - Devices
IPO Date
2021-07-15
Stock Exchange
NASDAQ
Ticker
RPID
According to Rapid Micro Biosystems, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of -25.25% compared to the average of 3.44 of the last 4 quarters.
The mean historical Current Ratio of Rapid Micro Biosystems, Inc. over the last ten years is 5.68. The current 2.57 Current Ratio has changed 4.43% with respect to the historical average. Over the past ten years (40 quarters), RPID's Current Ratio was at its highest in in the September 2021 quarter at 13.78. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
5.68
Median
4.61
Minimum
2.24
Maximum
12.01
Discovering the peaks and valleys of Rapid Micro Biosystems, 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 = 200.33%
Maximum Annual Current Ratio = 12.01
Minimum Annual Increase = -39.42%
Minimum Annual Current Ratio = 2.24
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.31 | -28.18% |
| 2024 | 4.61 | -27.37% |
| 2023 | 6.34 | -12.81% |
| 2022 | 7.27 | -39.42% |
| 2021 | 12.01 | 200.33% |
| 2020 | 4.00 | 78.26% |
The current Current Ratio of Rapid Micro Biosystems, Inc. (RPID) 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
4.75
5-year avg
6.71
10-year avg
5.68
Rapid Micro Biosystems, Inc.’s Current Ratio is greater than Lucid Diagnostics Inc. (1.07), less than Apyx Medical Corporation (5.80), less than InspireMD, Inc. (5.15), greater than AVITA Medical, Inc. (0.47), greater than LENSAR, Inc. (2.38), less than Cognition Therapeutics, Inc. (5.92), greater than Owlet, Inc. (1.71), greater than Sera Prognostics, Inc. (2.12), less than Vivani Medical, Inc. (3.18), greater than Tevogen Bio Holdings Inc. (0.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $110.49M | |
| 5.80 | $172.10M | |
| 5.15 | $33.26M | |
| 0.47 | $99.62M | |
| 2.38 | $69.48M | |
| 5.92 | $106.69M | |
| 1.71 | $90.47M | |
| 2.12 | $66.83M | |
| 3.18 | $67.94M | |
| 0.29 | $39.91M |
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