FGNV
Price:
$0.0111
Market Cap:
$559.32K
Forge Innovation Development Corp., a development stage company, focuses on commercial and residential land development business in the United States. The company focuses on real estate development, land purchasing and selling, and property management activities. It is also involved in online retail business. The company was formerly known as You-Go enterprises, LLC and changed its name to Forge Innovation Development Corp. in November 2016. Forge Innovation Development Corp. was incorporated in 2016 and is based in Jurupa Valley, California.
Industry
Real Estate - Services
IPO Date
2018-09-25
Stock Exchange
OTC
Ticker
FGNV
According to Forge Innovation Development Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.16. This represents a change of 13.61% compared to the average of 0.14 of the last 4 quarters.
The mean historical Current Ratio of Forge Innovation Development Corp. over the last ten years is 20.32. The current 0.16 Current Ratio has changed -19.62% with respect to the historical average. Over the past ten years (40 quarters), FGNV's Current Ratio was at its highest in in the June 2018 quarter at 241.79. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
20.32
Median
1.87
Minimum
0.15
Maximum
157.22
Discovering the peaks and valleys of Forge Innovation Development 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 = 4.91%
Maximum Annual Current Ratio = 157.22
Minimum Annual Increase = -95.19%
Minimum Annual Current Ratio = 0.15
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.15 | -79.18% |
| 2023 | 0.70 | 317.25% |
| 2022 | 0.17 | -64.13% |
| 2021 | 0.47 | -75.05% |
| 2020 | 1.87 | -75.19% |
| 2019 | 7.56 | -95.19% |
| 2018 | 157.22 | 4.91% |
| 2017 | 3.14 | -73.02% |
The current Current Ratio of Forge Innovation Development Corp. (FGNV) 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
0.34
5-year avg
0.67
10-year avg
20.32
Forge Innovation Development Corp.’s Current Ratio is less than Redefy Corporation (0.86), less than Video River Networks, Inc. (16.58), less than U.S. National Telecom, Inc. (1.01), less than MobiVentures, Inc. (2.03), greater than UBuyHoldings, Inc. (0), less than FutureLand, Corp. (0.46), greater than Temir Corp. (0.02), greater than Ultra Brands Ltd. (0.08), less than Protocall Technologies Inc. (0.18), greater than Metrospaces, Inc. (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.86 | $36.86K | |
| 16.58 | $419.45K | |
| 1.01 | $418.02K | |
| 2.03 | $10.73K | |
| 0 | $426.55K | |
| 0.46 | $335.81K | |
| 0.02 | $200.76K | |
| 0.08 | $490.80K | |
| 0.18 | $295.70K | |
| 0.02 | $2.86M |
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