CANB
Price:
$0.016
Market Cap:
$1.25M
Can B Corp. develops, manufactures, and sells cannabidiol (CBD) based products in the United States. The company provides CBD products derived from hemp, including oils, creams, moisturizers, isolate, gel caps, spa products, concentrates, and life style products through its Website and vending machines, and other medical professionals. It offers its products under the Canbiola, Nu Wellness, Seven Chakras, and Pure Leaf Oil brands. The company was formerly known as Canbiola Inc. and changed its name to Can B Corp. in February 2020. Can B Corp. was incorporated in 2005 and is based in Hicksville, New York.
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2012-08-03
Stock Exchange
OTC
Ticker
CANB
According to Can B Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.14. This represents a change of -60.48% compared to the average of 0.35 of the last 4 quarters.
The mean historical Current Ratio of Can B Corp. over the last ten years is 1.73. The current 0.14 Current Ratio has changed 689.01% with respect to the historical average. Over the past ten years (40 quarters), CANB's Current Ratio was at its highest in in the September 2019 quarter at 12.12. The Current Ratio was at its lowest in in the December 2016 quarter at 0.07.
Average
1.73
Median
0.70
Minimum
0.02
Maximum
6.70
Discovering the peaks and valleys of Can B 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 = 6.82%
Maximum Annual Current Ratio = 6.70
Minimum Annual Increase = -95.89%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.02 | -95.45% |
| 2023 | 0.48 | -30.98% |
| 2022 | 0.70 | -0.35% |
| 2021 | 0.70 | -44.46% |
| 2020 | 1.27 | -81.10% |
| 2019 | 6.70 | 19.86% |
| 2018 | 5.59 | 6.82% |
| 2017 | 0.08 | 13.36% |
| 2016 | 0.07 | -95.89% |
| 2015 | 1.74 | 197.20% |
The current Current Ratio of Can B Corp. (CANB) 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
0.40
5-year avg
0.64
10-year avg
1.73
Can B Corp.’s Current Ratio is greater than Silo Wellness Inc. (0.01), less than AusCann Group Holdings Ltd (49.47), less than Parnell Pharmaceuticals Holdings Ltd (0.98), less than RCMW Group, Inc. (0), less than Irwin Naturals Inc. (1.24), less than CBD Global Sciences Inc. (0.16), greater than Entourage Health Corp. (0.10), less than Pure Extracts Technologies Corp. (0.69), greater than Kallo Inc. (0.00), less than Pideka Group Inc. (0.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | $1.73M | |
| 49.47 | $1.67M | |
| 0.98 | $1.68M | |
| 0 | $2.03M | |
| 1.24 | $1.68M | |
| 0.16 | $2.07M | |
| 0.10 | $1.23M | |
| 0.69 | $885.39K | |
| 0.00 | $1.91M | |
| 0.63 | $2.51M |
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