Progressive Care, Inc.

Progressive Care, Inc. - Current Ratioverified

RXMD

Price:

$2.11

Market Cap:

$13.49M

Progressive Care, Inc., primarily operating through its subsidiary Pharmco, LLC, offers a suite of pharmaceutical and healthcare support services across South Florida. The company runs a retail pharmacy with a specialization in anti-retroviral medications and comprehensive patient care management. Its operations also include the sale and rental of durable medical equipment (DME), such as hospital beds, oxygen apparatus, power wheelchairs, and mobility aids. Additionally, it supplies a wide array of prescription pharmaceuticals to long-term care facilities. Beyond these services, Progressive Care develops and implements long-term care solutions for institutional clients, encompassing skilled ...[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

2010-03-09

Stock Exchange

OTC

Ticker

RXMD

The Current Ratio as of June 2026 (TTM) for Progressive Care, Inc. (RXMD) is 1.72

According to Progressive Care, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.72. This represents a change of -2.07% compared to the average of 1.76 of the last 4 quarters.

Progressive Care, Inc. (RXMD) Historical Current Ratio (quarterly & annually)

How has RXMD Current Ratio performed in the past?

The mean historical Current Ratio of Progressive Care, Inc. over the last ten years is 0.98. The current 1.72 Current Ratio has changed 17.51% with respect to the historical average. Over the past ten years (40 quarters), RXMD's Current Ratio was at its highest in in the June 2024 quarter at 2.01. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

0.98

Median

0.90

Minimum

0.34

Maximum

1.72

Progressive Care, Inc. (RXMD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Progressive Care, 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 = 165.69%

Maximum Annual Current Ratio = 1.72

Minimum Annual Increase = -35.82%

Minimum Annual Current Ratio = 0.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.720.85%
20221.7189.52%
20210.9027.90%
20200.7014.83%
20190.61-16.47%
20180.73-35.82%
20171.1413.14%
20161.0112.31%
20150.90165.69%
20140.34-1.67%

Progressive Care, Inc. (RXMD) Average Current Ratio

How has RXMD Current Ratio performed in the past?

The current Current Ratio of Progressive Care, Inc. (RXMD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.44

5-year avg

1.13

10-year avg

0.98

Progressive Care, Inc. (RXMD) Current Ratio vs. Peers

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

Progressive Care, Inc.’s Current Ratio is less than Titan Medical Inc. (2.78), greater than Poxel S.A. (0.26), less than Abingdon Health Plc (1.91), greater than Eiger BioPharmaceuticals, Inc. (0.71), greater than Red White & Bloom Brands Inc. (0.78), greater than Simply Better Brands Corp. (1.10), greater than Nurosene Health Inc. (0.25), less than Antibe Therapeutics Inc. (15.03), less than LexaGene Holdings Inc. (0), less than Ceapro Inc. (8.54),

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