CNTM
Price:
$0.41
Market Cap:
$29.37M
ConnectM Technology Solutions, Inc., a technology company, focuses on advancing the electrification economy by integrating electrified energy assets with its AI-driven technology solutions platform. It provides residential and light commercial buildings, and all-electric original equipment manufacturers with a platform to accelerate the transition to solar and all-electric heating, cooling, and transportation. The company was incorporated in 2021 and is headquartered in Marlborough, Massachusetts.
Industry
Software - Application
IPO Date
2022-07-01
Stock Exchange
NASDAQ
Ticker
CNTM
According to ConnectM Technology Solutions, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of 19.95% compared to the average of 0.29 of the last 4 quarters.
The mean historical Current Ratio of ConnectM Technology Solutions, Inc. over the last ten years is 0.07. The current 0.35 Current Ratio has changed 50.51% with respect to the historical average. Over the past ten years (40 quarters), CNTM's Current Ratio was at its highest in in the June 2022 quarter at 0.47. The Current Ratio was at its lowest in in the March 2024 quarter at 0.00.
Average
0.07
Median
0.01
Minimum
0.01
Maximum
0.24
Discovering the peaks and valleys of ConnectM Technology Solutions, Inc. 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 = 2.20%
Maximum Annual Current Ratio = 0.24
Minimum Annual Increase = -59.72%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.24 | 2.20% |
| 2023 | 0.01 | 69.19% |
| 2022 | 0.01 | -59.72% |
The current Current Ratio of ConnectM Technology Solutions, Inc. (CNTM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.09
5-year avg
0.07
10-year avg
0.07
ConnectM Technology Solutions, Inc.’s Current Ratio is less than Firefly Neuroscience, Inc. (2.00), less than NextPlat Corp (3.56), less than Sphere 3D Corp. (6.69), less than SAGTEC GLOBAL Ltd (5.66), less than NetClass Technology Inc (1.70), less than MIND C.T.I. Ltd (3.25), less than Real Messenger Corporation (19.70), greater than Brand Engagement Network, Inc. (0.15), less than CXApp Inc. (0.82),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.00 | $23.31M | |
| 3.56 | $15.61M | |
| 6.69 | $13.08M | |
| 5.66 | $30.29M | |
| 1.70 | $22.36M | |
| 3.25 | $24.84M | |
| 19.70 | $19.33M | |
| 0.15 | $12.74M | |
| 0.82 | $8.86M |
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How does the current Current Ratio for ConnectM Technology Solutions, Inc. (CNTM) compare to its historical average?