CSIMarket
 


Onemednet Corporation  (ONMD)
Other Ticker:  
 
    Sector  Healthcare    Industry Medical Laboratories
   Industry Medical Laboratories
   Sector  Healthcare

Onemednet's Working Capital Ratio

ONMD's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Onemednet's Current Assets grew by 1474.04 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Onemednet's Working Capital Ratio to 0.03, Working Capital Ratio remained below Onemednet Corporation average.

Within Medical Laboratories industry 38 other companies have achieved higher Working Capital Ratio than Onemednet in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 4134, from total ranking in the third quarter 2023 at 4888.

Explain Working Capital Ratio
How much in Current Assets ONMD´s has?
What is the value of ONMD´s Current Liabilities?


ONMD Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 549.42 % 111.95 % 79.33 % 312.57 % 581.41 %
Y / Y Current Assets Change 1079.74 % -90.15 % -54.04 % -95.01 % -94.24 %
Working Capital Ratio MRQ 0.03 0.01 0 0 0.02
ONMD's Total Ranking # 4134 # 4888 # 4982 # 0 # 4192
Seq. Current Liabilities Change 316.62 % 47.33 % -10.53 % 18.25 % 35.97 %
Seq. Current Assets Change 1474.04 % 572.98 % -65.99 % -67.26 % -86.86 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Medical Laboratories Industry # 39
Healthcare Sector # 740
Overall Market # 4134


Working Capital Ratio Statistics
High Average Low
42.09 5.47 0
(Sep 30 2021)   (Jun 30 2023)




Financial Statements
Onemednet's Current Liabilities $ 13 Millions Visit ONMD's Balance sheet
Onemednet's Current Assets $ 0 Millions Visit ONMD's Balance sheet
Source of ONMD's Sales Visit ONMD's Sales by Geography


Cumulative Onemednet's Working Capital Ratio

ONMD's Working Capital Ratio for the trailling 12 Months

ONMD Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 549.42 % 111.95 % 79.33 % 312.57 % 581.41 %
Y / Y Current Assets TTM Growth 1079.74 % -90.15 % -54.04 % -95.01 % -94.24 %
Working Capital Ratio TTM 0.02 0.01 0.04 0.04 0.09
Total Ranking TTM # 3485 # 4138 # 4268 # 4646 # 4929
Seq. Current Liabilities TTM Growth 316.62 % 47.33 % -10.53 % 18.25 % 35.97 %
Seq. Current Assets TTM Growth 1474.04 % 572.98 % -65.99 % -67.26 % -86.86 %


  News about Onemednet Corporation Working Capital Ratio

Raising the Bar in Digital Healthcare: OneMedNet Secures Substantial Funding to Drive Revolutionary Transformation

Digital Healthcare Innovator OneMedNet Secures Substantial Funding to Drive Expansion and Transformational Growth
Introduction
In an era where technological advancements are revolutionizing the healthcare industry, OneMedNet, a pioneering digital healthcare innovator, has recently completed a Securities Purchase Agreement, bolstering its cash position and propelling its growth trajectory. This infusion of funds provides OneMedNet with a substantial cash runway of up to $4.54 million, positioning the company strongly to accelerate its expansion plans and further drive transformative change within the healthcare sector.
The Significance of the Cash Infusion
The successful completion of the Securities Purchase Agreement marks a major milestone for OneMedNet. The injected funds present a significant boost to the company's cash runway, facilitating the aggressive pursuit of growth opportunities and the further development of its cutting-edge technologies. This cash infusion provides OneMedNet with not only the financial stability but also the flexibility to drive expansion plans, invest in research and development initiatives, and strengthen its market presence.


On the trailing twelve months basis ONMD Current Assets more than doubled by 1079.74 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Onemednet's Working Capital Ratio to 0.02, Working Capital Ratio remained below ONMD average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Medical Laboratories industry 40 other companies have achieved higher Working Capital Ratio than Onemednet. While Working Capital Ratio overall ranking has improved so far to 3487, from total ranking during the twelve months ending third quarter 2023 at 4012.

Explain Working Capital Ratio
How much in Current Assets ONMD´s has?
What is the value of ONMD´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Medical Laboratories Industry # 41
Healthcare Sector # 737
Within the Market # 4134


trailing twelve months Working Capital Ratio Statistics
High Average Low
5.08 0.96 0.01
(Dec 31 2021)   (Sep 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Medical Laboratories Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Onemednet Corporation  0.03 $ 0.364  Millions$ 12.833  Millions
First Choice Healthcare Solutions Inc   0.01 $ 0.312  Millions$ 27.628  Millions

Date modified: 2024-05-27T16:29:16+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com