ATLN
Price:
$2.28
Market Cap:
$123.88M
As of June 18, 2024, Atlantic International Corp. was acquired by Lyneer Investments, LLC, in a reverse merger transaction. Atlantic International Corp. operates as a life sciences instrumentation and research services company. It focuses on development of scientific assets and novel intellectual property across multiple omics fields. The company's True Single Molecule Sequencing technology (tSMS) platform offers a single molecule solution for DNA and RNA sequencing through detection of nucleic acids to researchers for analyzing many billions of single molecules in a single experiment and generate accurate and reproducible data. It provides solutions for various applications, such as biomark...[Read more]
Industry
Medical - Diagnostics & Research
IPO Date
2021-08-27
Stock Exchange
NASDAQ
Ticker
ATLN
According to Atlantic International Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.23. This represents a change of 21.17% compared to the average of 1.02 of the last 4 quarters.
The mean historical Current Ratio of Atlantic International Corp. over the last ten years is 1.62. The current 1.23 Current Ratio has changed 7.51% with respect to the historical average. Over the past ten years (40 quarters), ATLN's Current Ratio was at its highest in in the September 2021 quarter at 11.46. The Current Ratio was at its lowest in in the September 2017 quarter at 0.
Average
1.62
Median
0.91
Minimum
0.30
Maximum
5.40
Discovering the peaks and valleys of Atlantic International Corp. 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 = 1.10%
Maximum Annual Current Ratio = 5.40
Minimum Annual Increase = -90.97%
Minimum Annual Current Ratio = 0.30
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.91 | 85.58% |
| 2023 | 0.49 | -90.97% |
| 2022 | 5.40 | 32.58% |
| 2021 | 4.08 | 1.10% |
| 2020 | 0.34 | -3.36% |
| 2019 | 0.35 | -80.29% |
| 2018 | 1.78 | 483.55% |
| 2017 | 0.30 | -67.08% |
The current Current Ratio of Atlantic International Corp. (ATLN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.27
5-year avg
2.24
10-year avg
1.62
Atlantic International Corp.’s Current Ratio is less than Anteris Technologies Global Corp. (2.41), less than Cybin Inc. (12.60), less than Prenetics Global Limited (1.51), less than Cassava Sciences, Inc. (2.43), less than Neuronetics, Inc. (2.24), less than PepGen Inc. (4.74), less than China SXT Pharmaceuticals, Inc. (3.54), less than Milestone Pharmaceuticals Inc. (8.24), less than Nkarta, Inc. (15.67), less than Insight Molecular Diagnostics Inc. (4.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.41 | $149.40M | |
| 12.60 | $296.80M | |
| 1.51 | $184.45M | |
| 2.43 | $160.38M | |
| 2.24 | $99.30M | |
| 4.74 | $365.00M | |
| 3.54 | $165.92M | |
| 8.24 | $224.85M | |
| 15.67 | $130.69M | |
| 4.04 | $159.95M |
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