RBOT has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
RBOT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Vicarious Surgical's current ratio for the quarter that ended in Mar. 2024 was 17.16.
Vicarious Surgical has a current ratio of 17.16. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Vicarious Surgical's Current Ratio or its related term are showing as below:
During the past 4 years, Vicarious Surgical's highest Current Ratio was 61.49. The lowest was 11.25. And the median was 16.18.
The historical data trend for Vicarious Surgical's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vicarious Surgical Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Current Ratio | 21.04 | 28.56 | 14.35 | 13.87 |
Vicarious Surgical Quarterly Data | |||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Current Ratio | Get a 7-Day Free Trial | 15.20 | 11.39 | 14.53 | 13.87 | 17.16 |
For the Medical Devices subindustry, Vicarious Surgical's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Medical Devices & Instruments industry and Healthcare sector, Vicarious Surgical's Current Ratio distribution charts can be found below:
* The bar in red indicates where Vicarious Surgical's Current Ratio falls into.
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
Vicarious Surgical's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Current Ratio (A: Dec. 2023 ) | = | Total Current Assets (A: Dec. 2023 ) | / | Total Current Liabilities (A: Dec. 2023 ) |
= | 100.953 | / | 7.28 | |
= | 13.87 |
Vicarious Surgical's Current Ratio for the quarter that ended in Mar. 2024 is calculated as
Current Ratio (Q: Mar. 2024 ) | = | Total Current Assets (Q: Mar. 2024 ) | / | Total Current Liabilities (Q: Mar. 2024 ) |
= | 87.111 | / | 5.076 | |
= | 17.16 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vicarious Surgical (NYSE:RBOT) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Thank you for viewing the detailed overview of Vicarious Surgical's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
William John Kelly | officer: CFO and Treasurer | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
Adam David Sachs | director, 10 percent owner, officer: President and CEO | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
Sammy Khalifa | director, 10 percent owner, officer: Chief Technology Officer | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
June Morris | officer: CLO, General Counsel and Sec | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
John Mazzola | officer: Chief Operating Officer | TRANSMEDICS INC, 200 MINUTEMAN ROAD, ANDOVER MA 01810 |
Khosla Ventures Opportunity Associates Ii, Llc | 10 percent owner | 2128 SAND HILL ROAD, MENLO PARK CA 94025 |
Khosla Ventures V, L.p. | 10 percent owner | 2128 SAND HILL ROAD, MENLO PARK CA 94025 |
Khosla Ventures Opportunity Ii, L.p. | 10 percent owner | 2128 SAND HILL ROAD, MENLO PARK CA 94025 |
David D Ho | director | UNIT 1008, 10/F, CHAMPION TOWER, 3 GARDEN ROAD, CENTRAL K3 00000 |
Philip Liang | director | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
Brendel Victoria Carr | director | C/O VICARIOUS SURGICAL, INC., 78 FOURTH AVENUE, WALTHAM MA 02451 |
Beverly A Huss | director | C/O ACCURAY INCORPORATED, 1310 CHESAPEAKE TERRACE, SUNNYVALE CA 94089 |
E15 Fund Ii, Lp | other: Sole Shareholder | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
Shrikant Patnaik | other: Principal | C/O VICARIOUS SURGICAL INC., 78 4TH AVENUE, WALTHAM MA 02451 |
Ric Fulop | director | C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803 |
From GuruFocus
By Business Wire • 07-13-2023
By Business Wire • 09-07-2023
By GuruFocus Research • 05-26-2023
By Business Wire • 07-27-2023
By Business Wire Business Wire • 11-14-2022
By Business Wire • 08-03-2023
By Business Wire Business Wire • 05-18-2023
By GuruFocus Research GuruFocus Editor • 05-25-2023
By GuruFocus Research • 09-08-2023
By Business Wire • 09-12-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.