TMDIF
Price:
$0.8175
Market Cap:
$91.99M
Titan Medical Inc. operates as a medical technology company. It focuses on the development and licensing of robotic assisted surgical technologies. The company is headquartered in Toronto, Canada.
Industry
Medical - Devices
IPO Date
2010-01-05
Stock Exchange
OTC
Ticker
TMDIF
According to Titan Medical Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.78. This represents a change of -23.67% compared to the average of 3.64 of the last 4 quarters.
The mean historical Current Ratio of Titan Medical Inc. over the last ten years is 1.87. The current 2.78 Current Ratio has changed 14.72% with respect to the historical average. Over the past ten years (40 quarters), TMDIF's Current Ratio was at its highest in in the December 2014 quarter at 6.08. The Current Ratio was at its lowest in in the December 2019 quarter at 0.12.
Average
1.87
Median
1.09
Minimum
0.12
Maximum
6.08
Discovering the peaks and valleys of Titan Medical 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 = 538.10%
Maximum Annual Current Ratio = 6.08
Minimum Annual Increase = -90.09%
Minimum Annual Current Ratio = 0.12
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.78 | 388.23% |
| 2022 | 0.57 | -85.82% |
| 2021 | 4.01 | 538.10% |
| 2020 | 0.63 | 440.63% |
| 2019 | 0.12 | -90.09% |
| 2018 | 1.17 | -18.60% |
| 2017 | 1.44 | 43.96% |
| 2016 | 1.00 | 6.97% |
| 2015 | 0.93 | -84.61% |
| 2014 | 6.08 | 144.98% |
The current Current Ratio of Titan Medical Inc. (TMDIF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.45
5-year avg
1.62
10-year avg
1.87
Titan Medical Inc.’s Current Ratio is greater than Progressive Care, Inc. (1.72), less than Antibe Therapeutics Inc. (15.03), less than LexaGene Holdings Inc. (7.12), greater than Poxel S.A. (0.34), less than Nurosene Health Inc. (0), greater than Simply Better Brands Corp. (1.26), greater than Red White & Bloom Brands Inc. (0.32), greater than Abingdon Health Plc (2.55), greater than Eiger BioPharmaceuticals, Inc. (0.71), greater than NexgenRx Inc. (1.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.72 | $13.49M | |
| 15.03 | $11.43M | |
| 7.12 | $11.34M | |
| 0.34 | $13.42M | |
| 0 | $14.25M | |
| 1.26 | $14.81M | |
| 0.32 | $13.71M | |
| 2.55 | $13.27M | |
| 0.71 | $12.59M | |
| 1.10 | $14.22M |
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What is the Current Ratio?
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What is Titan Medical Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Titan Medical Inc. (TMDIF)?
What is the 5-year average Current Ratio for Titan Medical Inc. (TMDIF)?
How does the current Current Ratio for Titan Medical Inc. (TMDIF) compare to its historical average?