As of December 15, 2025, Medical Care Technologies Inc (MDCE) reports a Current Ratio of 0.02.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Medical Care Technologies Inc's Current Ratio
Over recent years, Medical Care Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2012-12-31 | 0.02 |
| 2011-12-31 | 0.09 |
| 2010-12-31 | 0.03 |
| 2009-12-31 | 0.01 |
| 2008-12-31 | 0.19 |
This fluctuation highlights how Medical Care Technologies Inc manages its short-term assets and liabilities over time.
Comparing Medical Care Technologies Inc's Current Ratio to Peers
To better understand Medical Care Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Medical Care Technologies Inc (MDCE) | 0.02 |
| Castle Biosciences Inc (CSTL) | 7.29 |
| Fulgent Genetics Inc (FLGT) | 4.85 |
| Guardant Health Inc (GH) | 4.68 |
| LifePoint Inc (LFPI) | 2.75 |
| TH Lehman & Co Inc (THLM) | 2.60 |
Compared to its competitors, Medical Care Technologies Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.