Anika Therapeutics Inc. Current Ratio

Current Ratio of ANIK for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending September 29, 2021 was 5.76 (a 34.09% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 19.76%
  • Annual Current Ratio for 2020 was 4.81 (a -66.58% decrease from previous year)
  • Annual Current Ratio for 2019 was 14.39 (a -19.93% decrease from previous year)
  • Annual Current Ratio for 2018 was 17.98 (a 13.9% increase from previous year)
Visit for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Current Ratio of Anika Therapeutics Inc.

Most recent Current Ratioof ANIK including historical data for past 10 years.

Interactive Chart of Current Ratio of Anika Therapeutics Inc.

Anika Therapeutics Inc. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 5.76 4.3 3.69
2020 4.81 6.48 7.93 6.15 4.81
2019 14.39 19.99 18.28 18.07 14.39
2018 17.98 21.02 15.24 14.74 17.98
2017 15.78 17.0 14.35 17.33 15.78
2016 19.37 21.22 14.7 13.61 19.37
2015 10.21 12.71 19.57 23.7 10.21
2014 23.08 20.0 16.32 14.72 23.08
2013 10.19 9.17 7.39 7.33 10.19
2012 5.35 5.63 4.57 4.97 5.35
2011 4.41 3.87 3.31 3.05 4.41

Business Profile of Anika Therapeutics Inc.

Sector: Healthcare
Industry: Medical Devices
Anika Therapeutics, Inc., together with its subsidiaries, operates as a joint preservation company that in the United States, Europe, and internationally. The company's joint pain management products include Monovisc and Orthovisc, which are single- and multi-injection, hyaluronic acid (HA)-based viscosupplements to provide pain relief from osteoarthritis (OA) conditions; Cingal, a novel, third-generation, single-injection OA product consisting of its proprietary cross-linked HA material combined with a steroid to provide short- and long-term pain relief; and Hyvisc, an injectable HA veterinary product for the treatment of joint dysfunction in horses. It also offers joint preservation and restoration products comprising preserving joint technologies, such as partial joint replacement, joint resurfacing, and minimally invasive and bone sparing implants to treat upper and lower extremity orthopedic conditions caused by trauma, injury, and arthritic disease; soft tissue repair solutions used by surgeons to repair and reconstruct damaged ligaments and tendons resulting from sports injuries, trauma, and disease; Tactoset, an HA-enhanced injectable bone repair therapy to treat insufficiency fractures; and Hyalofast, a biodegradable support for human bone marrow mesenchymal stem cells used for cartilage regeneration and as an adjunct for microfracture surgery. In addition, the company provides Hyalobarrier, an anti-adhesion barrier for use after abdomino-pelvic surgeries; Hyalomatrix for the treatment of complex wounds, such as burns and ulcers; products for the treatment of ears, nose, and throat disorder; and ophthalmic products, including injectables, high molecular weight HA products used as viscoelastic agents in ophthalmic surgical procedures, consisting of cataract extraction and intraocular lens implantation. Anika Therapeutics, Inc. was founded in 1983 and is headquartered in Bedford, Massachusetts.