ABVE
Price:
$2.79
Market Cap:
$199.07M
Above Food Ingredients Inc., a regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. It operates through two segments: Disruptive Agriculture and Rudimentary Ingredients, and Consumer Packaged Goods. The Disruptive Agriculture and Rudimentary Ingredients segment engages in the provisioning of discrete genetics, origination, purchasing, grading, processing, and sale of regeneratively grown grain; and origination, purchase, and sale of bespoke ingredients products. The Consumer Packaged Goods segment formulates, manufactures, sells, distributes, and markets proprietary consumer pro...[Read more]
Industry
Packaged Foods
IPO Date
2024-07-02
Stock Exchange
NASDAQ
Ticker
ABVE
According to Above Food Ingredients Inc. Common Stock’s latest financial reports and current stock price. The company's current Current Ratio is 0.44. This represents a change of 197.87% compared to the average of 0.15 of the last 4 quarters.
The mean historical Current Ratio of Above Food Ingredients Inc. Common Stock over the last ten years is 0.18. The current 0.44 Current Ratio has changed 24.33% with respect to the historical average. Over the past ten years (40 quarters), ABVE's Current Ratio was at its highest in in the September 2021 quarter at 3.06. The Current Ratio was at its lowest in in the January 2024 quarter at 0.01.
Average
0.18
Median
0.14
Minimum
0.00
Maximum
0.44
Discovering the peaks and valleys of Above Food Ingredients Inc. Common Stock Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.92%
Maximum Annual Current Ratio = 0.44
Minimum Annual Increase = -97.20%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.44 | 341.79% |
| 2023 | 0.10 | 1.92% |
| 2022 | 0.00 | -97.20% |
The current Current Ratio of Above Food Ingredients Inc. Common Stock (ABVE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.18
5-year avg
0.18
10-year avg
0.18
Above Food Ingredients Inc. Common Stock’s Current Ratio is less than FitLife Brands, Inc. (1.13), less than The Beauty Health Company (4.98), less than Epsium Enterprise Limited Ordinary Shares (4.44), less than The Hain Celestial Group, Inc. (1.91), less than Zevia PBC (2.34), less than Nature's Sunshine Products, Inc. (2.22), greater than Borealis Foods Inc. (0.15), less than HF Foods Group Inc. (1.19), less than Top Wealth Group Holding Limited Ordinary Shares (3.25), less than LifeVantage Corporation (2.39),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.13 | $166.69M | |
| 4.98 | $201.45M | |
| 4.44 | $51.20M | |
| 1.91 | $96.56M | |
| 2.34 | $178.02M | |
| 2.22 | $370.38M | |
| 0.15 | $39.61M | |
| 1.19 | $138.69M | |
| 3.25 | $4.48M | |
| 2.39 | $88.50M |
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What is the 5-year average Current Ratio for Above Food Ingredients Inc. Common Stock (ABVE)?
How does the current Current Ratio for Above Food Ingredients Inc. Common Stock (ABVE) compare to its historical average?