FGNX
Price:
$3.08
Market Cap:
$122.14M
FG Nexus, Inc. engages in the provision of reinsurance, asset management and merchant banking services. The company was founded in October 2012 and is headquartered in Charlotte, NC.
Industry
Insurance - Diversified
IPO Date
2014-04-01
Stock Exchange
NASDAQ
Ticker
FGNX
According to FG Nexus Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.91. This represents a change of 26.36% compared to the average of 3.09 of the last 4 quarters.
The mean historical Current Ratio of FG Nexus Inc. over the last ten years is 74.64. The current 3.91 Current Ratio has changed 423.55% with respect to the historical average. Over the past ten years (40 quarters), FGNX's Current Ratio was at its highest in in the June 2017 quarter at 826.70. The Current Ratio was at its lowest in in the September 2021 quarter at -6.03.
Average
74.64
Median
30.17
Minimum
1.50
Maximum
544.11
Discovering the peaks and valleys of FG Nexus 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 = 1.31%
Maximum Annual Current Ratio = 544.11
Minimum Annual Increase = -99.09%
Minimum Annual Current Ratio = 1.50
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.93 | 95.63% |
| 2023 | 1.50 | -23.04% |
| 2022 | 1.95 | -94.96% |
| 2021 | 38.64 | 26.87% |
| 2020 | 30.45 | 1.92% |
| 2019 | 29.88 | 505.72% |
| 2018 | 4.93 | -99.09% |
| 2017 | 544.11 | 1.31% |
| 2016 | 38.63 | -27.62% |
| 2015 | 53.37 | -75.86% |
The current Current Ratio of FG Nexus Inc. (FGNX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.13
5-year avg
15.09
10-year avg
74.64
FG Nexus Inc.’s Current Ratio is greater than Patriot National Bancorp, Inc. (0), less than Charlton Aria Acquisition Corporation (19.95), less than Pelican Acquisition Corporation Ordinary Shares (4.39), greater than Richmond Mutual Bancorporation, Inc. (0), greater than B. Riley Financial, Inc. (0.86), greater than Spring Valley Acquisition Corp. II (0.04), greater than Eagle Bancorp Montana, Inc. (0), greater than OFS Credit Company, Inc. (2.24), less than Chenghe Acquisition III Co. Units (0), greater than GoHealth, Inc. (1.64),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $145.43M | |
| 19.95 | $114.26M | |
| 4.39 | $121.67M | |
| 0 | $136.91M | |
| 0.86 | $128.81M | |
| 0.04 | $125.48M | |
| 0 | $136.78M | |
| 2.24 | $140.55M | |
| 0 | $130.97M | |
| 1.64 | $84.42M |
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How does the current Current Ratio for FG Nexus Inc. (FGNX) compare to its historical average?