What is CorMedix's current ratio?

CorMedix (CRMD) reported current ratio of 3× in Q1 2026.

How has CorMedix's current ratio changed year-over-year?

CorMedix's current ratio decreased by 29.4% year-over-year, from 4.2× to 3×.

What is the long-term trend for CorMedix's current ratio?

Over 5 years (2020 to 2025), CorMedix's current ratio has grown at a -28.9% compound annual growth rate (CAGR), from 11.6× to 2.1×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

CorMedix CRMD Current ratio

Current ratio at other companies

PfizerPFE

1.2×0.0×

Merck & Co.MRK

1.3×-0.1×

Merit Medical SystemsMMSI

5.1×+0.2×

ITG

Integer HoldingsITGR

3.8×+0.4×

IAR

Integra LifeSciencesIART

3.4×+2.2×

MiMedx GroupMDXG

5.4×+0.7×

Other financials

Income statement

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Revenue$127.4M+226%

Gross profit$115.4M+207%

Operating income$63.7M+216%

Net income$38.6M+87.0%

EPS (diluted)$0.43+43.3%

Balance sheet

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Cash & equivalents$179.1M+170%

Total debt$4.3M+729%

Total equity$437.0M+280%

Total assets$815.6M+445%

Cash flow

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Operating cash flow$42.4M+115%

CapEx$729.0K+7,190%

Free cash flow$41.7M+111%

Valuation

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Market cap$605.65M-34.4%

P/E3.4×—

P/S1.5×-9.6×

Profitability

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Gross margin91.9%-3.5pp

Operating margin48.4%—

Net margin45.2%—

FCF margin48.7%+38.8pp

Returns & leverage

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Return on equity65.6%—

Debt / equity0×0.0×

Where this comes from

Calculated from CorMedix’s reported figures.

total current assets/total current liabilities=3×

Based on the most recent quarter.

The official record: CorMedix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CorMedix's current ratio?: CorMedix (CRMD) reported current ratio of 3× in Q1 2026.
How has CorMedix's current ratio changed year-over-year?: CorMedix's current ratio decreased by 29.4% year-over-year, from 4.2× to 3×.
What is the long-term trend for CorMedix's current ratio?: Over 5 years (2020 to 2025), CorMedix's current ratio has grown at a -28.9% compound annual growth rate (CAGR), from 11.6× to 2.1×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.