Electromedical Technologies Current Ratio Growth & History (EMED)
Electromedical Technologies's current ratio was 0.13 for fiscal 2023.
View full Electromedical Technologies company overviewElectromedical Technologies annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 0.13 | −0.09 | −39.59% |
| 2022 | 2022-12-31 | 0.22 | −0.25 | −52.65% |
| 2021 | 2021-12-31 | 0.47 | 0.15 | +45.98% |
| 2020 | 2020-12-31 | 0.32 | 0.27 | +593.18% |
| 2019 | 2019-12-31 | 0.05 | — | — |
Electromedical Technologies quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2024 | 2024-09-30 | 0.07 | −0.11 | −60.10% |
| Q2 2024 | 2024-06-30 | 0.10 | −0.18 | −63.67% |
| Q1 2024 | 2024-03-31 | 0.10 | −0.54 | −84.27% |
| Q4 2023 | 2023-12-31 | 0.13 | −0.09 | −39.59% |
| Q3 2023 | 2023-09-30 | 0.18 | −0.10 | −37.28% |
| Q2 2023 | 2023-06-30 | 0.28 | 0.11 | +62.89% |
| Q1 2023 | 2023-03-31 | 0.64 | — | — |
| Q4 2022 | 2022-12-31 | 0.22 | −0.25 | −52.65% |
| Q3 2022 | 2022-09-30 | 0.28 | 0.09 | +45.50% |
| Q2 2022 | 2022-06-30 | 0.17 | −0.14 | −45.10% |
| Q4 2021 | 2021-12-31 | 0.47 | 0.15 | +45.98% |
| Q3 2021 | 2021-09-30 | 0.19 | −0.08 | −29.49% |
| Q2 2021 | 2021-06-30 | 0.31 | 0.22 | +234.85% |
| Q1 2021 | 2021-03-31 | 0.34 | — | — |
| Q4 2020 | 2020-12-31 | 0.32 | 0.27 | +593.18% |
| Q3 2020 | 2020-09-30 | 0.27 | — | — |
| Q2 2020 | 2020-06-30 | 0.09 | — | — |
| Q4 2019 | 2019-12-31 | 0.05 | — | — |
Electromedical Technologies current ratio trends
Between the periods ended 2019-12-31 and 2023-12-31, Electromedical Technologies's current ratio increased from 0.05 to 0.13, a change of 0.09. The latest reported quarter, Q3 2024, shows 0.07.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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