DLTNF
Price:
$0.00755
Market Cap:
$1.51M
Delta 9 Cannabis Inc. is a comprehensive, integrated enterprise within the cannabis sector. Leveraging its subsidiary, Delta 9 Bio-Tech Inc., the company covers the entire vertical spectrum of the cannabis supply chain. This includes everything from cultivation and processing to extraction, wholesale distribution, and ultimately, the retail sale of both medical and recreational cannabis offerings. Its product portfolio encompasses a diverse range of items, including classic dried cannabis flower, convenient pre-rolls, and dried sift, alongside more specialized offerings like decontamination pods. The company also manufactures various oils and other extracted or derivative cannabis products. ...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2017-11-06
Stock Exchange
OTC
Ticker
DLTNF
According to Delta 9 Cannabis Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of -9.94% compared to the average of 0.44 of the last 4 quarters.
The mean historical Current Ratio of Delta 9 Cannabis Inc. over the last ten years is 6.26. The current 0.40 Current Ratio has changed 532.68% with respect to the historical average. Over the past ten years (40 quarters), DLTNF's Current Ratio was at its highest in in the December 2017 quarter at 43.98. The Current Ratio was at its lowest in in the December 2015 quarter at 0.02.
Average
6.26
Median
0.64
Minimum
0.02
Maximum
51.65
Discovering the peaks and valleys of Delta 9 Cannabis 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 = 52.56%
Maximum Annual Current Ratio = 51.65
Minimum Annual Increase = -91.13%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.40 | -23.14% |
| 2022 | 0.52 | -32.44% |
| 2021 | 0.76 | -63.04% |
| 2020 | 2.06 | -15.93% |
| 2019 | 2.45 | -46.48% |
| 2018 | 4.58 | -91.13% |
| 2017 | 51.65 | 52.56% |
| 2017 | 0.10 | 256.02% |
| 2016 | 0.03 | 16.47% |
| 2015 | 0.02 | -85.61% |
The current Current Ratio of Delta 9 Cannabis Inc. (DLTNF) 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
0.56
5-year avg
1.24
10-year avg
6.26
Delta 9 Cannabis Inc.’s Current Ratio is less than Eve & Co Incorporated (0.42), less than Heritage Cannabis Holdings Corp. (1.28), less than Pideka Group Inc. (0.63), less than Lumiera Health Inc. (0), less than ATI Physical Therapy, Inc. (1.12), less than Oxford Cannabinoid Technologies Holdings Plc (7.69), greater than Revitalist Lifestyle and Wellness Ltd. (0.06), greater than GABY Inc. (0.16), less than RCMW Group, Inc. (0), less than AusCann Group Holdings Ltd (49.47),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.42 | $2.86M | |
| 1.28 | $3.47M | |
| 0.63 | $2.51M | |
| 0 | $3.03M | |
| 1.12 | $2.98M | |
| 7.69 | $3.05M | |
| 0.06 | $5.36M | |
| 0.16 | $2.66M | |
| 0 | $2.03M | |
| 49.47 | $1.67M |
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