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Nemaura Medical Inc   (NMRD)
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Nemaura Medical Inc 's Quick Ratio

NMRD's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.01 a new company low.

Within Medical Equipment & Supplies industry 60 other companies have achieved higher Quick Ratio than Nemaura Medical Inc in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 1632, from total ranking in the second quarter 2023 at 3707.

Explain Quick Ratio?
How much Cash & cash equivalents NMRD´s has?
What are NMRD´s Current Liabilities?


NMRD Quick Ratio (Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Current Liabilities Change 76.72 % -4.28 % 6.19 % -14.86 % -24.73 %
Y / Y Cash & cash equivalent Change -98.13 % -86.37 % - -43.07 % -68.15 %
Quick Ratio MRQ 0.01 0.07 - 0.58 0.6
NMRD's Total Ranking # 1632 # 3707 # 0 # 2367 # 2397
Seq. Current Liabilities Change 11.24 % 9.59 % 0.47 % 44.29 % -39.75 %
Seq. Cash & cash equivalent Change -90.03 % - - 37.66 % -27.39 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 61
Healthcare Sector # 214
Overall Market # 1632


Quick Ratio Statistics
High Average Low
11.2 2.38 0.01
(Dec 31 2014)   (Dec 31 2023)




Financial Statements
Nemaura Medical Inc 's Current Liabilities $ 21 Millions Visit NMRD's Balance sheet
Nemaura Medical Inc 's Cash & cash equivalent $ 0 Millions Visit NMRD's Balance sheet
Source of NMRD's Sales Visit NMRD's Sales by Geography


Cumulative Nemaura Medical Inc 's Quick Ratio

NMRD's Quick Ratio for the trailling 12 Months

NMRD Quick Ratio

(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 76.72 % -4.28 % 6.19 % -14.86 % -24.73 %
Y / Y Cash & cash equivalent TTM Growth -98.13 % -86.37 % - -43.07 % -68.15 %
Quick Ratio TTM 0.15 0.28 0.41 0.64 0.72
Total Ranking TTM # 1837 # 2586 # 2414 # 2163 # 2382
Seq. Current Liabilities TTM Growth 11.24 % 9.59 % 0.47 % 44.29 % -39.75 %
Seq. Cash & cash equivalent TTM Growth -90.03 % - - 37.66 % -27.39 %


On the trailing twelve months basis Due to increase in Current Liabilities in the III Quarter 2023 to $21.46 millions, cumulative Quick Ratio decreased to 0.15 below the Nemaura Medical Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Medical Equipment & Supplies industry 122 other companies have achieved higher Quick Ratio than Nemaura Medical Inc . While Quick Ratio overall ranking has improved so far to 2304, from total ranking during the twelve months ending second quarter 2023 at 3025.

Explain Quick Ratio?
How much Cash & cash equivalents NMRD´s has?
What are NMRD´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 123
Healthcare Sector # 478
Within the Market # 1632


trailing twelve months Quick Ratio Statistics
High Average Low
4.05 1.62 0.13
(Mar 31 2021)   (Dec 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Medical Equipment & Supplies Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Biotricity Inc   0.02 $ 0.310  Millions$ 18.619  Millions
Smith and Nephew Plc  0.01 $ 33.000  Millions$ 2,271.000  Millions
Nemaura Medical Inc   0.01 $ 0.137  Millions$ 21.461  Millions
Sigyn Therapeutics Inc 0.00 $ 0.012  Millions$ 3.608  Millions
Fonar Corporation 0.00 $ 0.033  Millions$ 14.179  Millions

Date modified: 2024-02-12T17:09:11+00:00



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