As of May 31, 2025, Milestone Medical Inc (MMD.WA) 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 Milestone Medical Inc's Current Ratio
Over recent years, Milestone Medical Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 0.02 |
| 2021-12-31 | 0.06 |
| 2020-12-31 | 0.05 |
| 2019-12-31 | 0.04 |
| 2018-12-31 | 0.03 |
This slight downward trend highlights how Milestone Medical Inc manages its short-term assets and liabilities over time.
Comparing Milestone Medical Inc's Current Ratio to Peers
To better understand Milestone Medical Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Milestone Medical Inc (MMD.WA) | 0.02 |
| Irras AB (IRRAS.ST) | 5.44 |
| Angle PLC (AGL.L) | 5.38 |
| Polarean Imaging PLC (POLX.L) | 4.64 |
| Integrum AB (INTEG B.ST) | 4.62 |
| Senzime AB (publ) (SEZI.ST) | 4.00 |
Compared to its competitors, Milestone Medical Inc's Current Ratio is lower than all peers, suggesting tighter liquidity management or potential short-term obligations concerns.