SMTI
Price:
$21.8
Market Cap:
$194.79M
Sanara MedTech Inc. develops, markets, and distributes wound and skin care products to physicians, hospitals, clinics, and post-acute care settings in the United States. It offers CellerateRX Surgical Activated Collagen powder and gel that are used in a range of surgical specialties to help promote patient healing; Biako's Antimicrobial Skin and Wound Cleanser, a patented product that disrupts extracellular polymeric substances to eradicate mature biofilm microbes; Biako's Antimicrobial Wound Gel, an antimicrobial hydrogel wound dressing helps against planktonic microbes, as well as immature and mature biofilms; and Biako's Antimicrobial Skin and Wound Irrigation Solution. The company also p...[Read more]
Industry
Medical - Instruments & Supplies
IPO Date
1994-04-07
Stock Exchange
NASDAQ
Ticker
SMTI
According to Sanara MedTech Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of -20.18% compared to the average of 2.25 of the last 4 quarters.
The mean historical Current Ratio of Sanara MedTech Inc. over the last ten years is 1.95. The current 1.80 Current Ratio has changed 9.13% with respect to the historical average. Over the past ten years (40 quarters), SMTI's Current Ratio was at its highest in in the March 2021 quarter at 10.07. The Current Ratio was at its lowest in in the September 2019 quarter at 0.60.
Average
1.95
Median
1.52
Minimum
0.79
Maximum
4.09
Discovering the peaks and valleys of Sanara MedTech 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 = 222.71%
Maximum Annual Current Ratio = 4.09
Minimum Annual Increase = -62.25%
Minimum Annual Current Ratio = 0.79
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.18 | 57.79% |
| 2023 | 1.38 | -14.25% |
| 2022 | 1.61 | -60.60% |
| 2021 | 4.09 | 222.71% |
| 2020 | 1.27 | -62.25% |
| 2019 | 3.35 | 38.51% |
| 2018 | 2.42 | 151.46% |
| 2017 | 0.96 | -32.72% |
| 2016 | 1.43 | 80.27% |
| 2015 | 0.79 | 51.87% |
The current Current Ratio of Sanara MedTech Inc. (SMTI) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.72
5-year avg
2.10
10-year avg
1.95
Sanara MedTech Inc.’s Current Ratio is greater than Stereotaxis, Inc. (1.31), less than Exagen Inc. (4.95), less than NeoGenomics, Inc. (3.91), greater than LifeMD, Inc. (0.73), greater than High Tide Inc. (1.57), less than Sight Sciences, Inc. (9.60), less than TruBridge, Inc. (1.91), greater than Owens & Minor, Inc. (0.86), less than Entrada Therapeutics, Inc. (14.08), greater than Viemed Healthcare, Inc. (1.48),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.31 | $225.93M | |
| 4.95 | $169.75M | |
| 3.91 | $310.90M | |
| 0.73 | $179.55M | |
| 1.57 | $227.36M | |
| 9.60 | $440.95M | |
| 1.91 | $354.06M | |
| 0.86 | $197.02M | |
| 14.08 | $388.31M | |
| 1.48 | $264.32M |
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What is the Current Ratio?
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