EMBK
Price:
$2.88
Market Cap:
$70.20M
Embark Technology, Inc. develops self-driving software solutions for the trucking industry in the United States. Its solutions include Embark Driver, an autonomous trucking software; Embark Universal Interface, an interoperable self-driving stack that works across truck OEM platforms; and Embark Guardian, a cloud-based autonomous fleet management solution that gives carriers control over air updates, remote vehicle monitoring, remote vehicle assist, dispatching and access to real time data, such as weather and construction. The company was incorporated in 2016 and is headquartered in San Francisco, California.
Industry
Software - Application
IPO Date
2021-11-11
Stock Exchange
NASDAQ
Ticker
EMBK
According to Embark Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 19.11. This represents a change of 27.68% compared to the average of 14.97 of the last 4 quarters.
The mean historical Current Ratio of Embark Technology, Inc. over the last ten years is 36.12. The current 19.11 Current Ratio has changed 5.19% with respect to the historical average. Over the past ten years (40 quarters), EMBK's Current Ratio was at its highest in in the December 2021 quarter at 46.27. The Current Ratio was at its lowest in in the June 2021 quarter at 0.79.
Average
36.12
Median
42.97
Minimum
19.11
Maximum
46.27
Discovering the peaks and valleys of Embark Technology, 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 = 7.69%
Maximum Annual Current Ratio = 46.27
Minimum Annual Increase = -58.70%
Minimum Annual Current Ratio = 19.11
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 19.11 | -58.70% |
| 2021 | 46.27 | 7.69% |
The current Current Ratio of Embark Technology, Inc. (EMBK) 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
36.12
5-year avg
36.12
10-year avg
36.12
Embark Technology, Inc.’s Current Ratio is greater than Otonomo Technologies Ltd. (11.08), greater than PSQ Holdings, Inc. (2.54), greater than Decisionpoint Systems, Inc. (0.80), greater than BM Technologies, Inc. (0.83), greater than China Index Holdings Limited (1.19), greater than Cepton, Inc. (5.52), greater than Synchronoss Technologies, Inc. (1.53), greater than WiSA Technologies, Inc. (0.68), greater than IDEX Biometrics ASA (1.67),
| Company | Current Ratio | Market cap |
|---|---|---|
| 11.08 | $52.37M | |
| 2.54 | $65.83M | |
| 0.80 | $78.54M | |
| 0.83 | $60.44M | |
| 1.19 | $85.70M | |
| 5.52 | $52.17M | |
| 1.53 | $99.83M | |
| 0.68 | $62.96M | |
| 1.67 | $90.79M |
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