FHAI
Price:
$1.12
Market Cap:
$0
Microalliance Group Inc., through its subsidiaries, develops, produces, markets, and sells coffee tea products in the People's Republic of China. It also offers black coffee, Chinese black tea's taste, and other coffee products. The company sells its coffee products wholesale to retail partners and corporate customers, as well as directly to consumers through its e-commerce channels. In addition, it provides pre-opening assistance services to retail partners to operate coffee stores. Further, the company offers liquor products through sales agents, distributors, and franchisees. Microalliance Group Inc. was formerly known as Fountain Healthy Aging, Inc. and changed its name to Microalliance ...[Read more]
Industry
Packaged Foods
IPO Date
2006-06-26
Stock Exchange
OTC
Ticker
FHAI
According to Microalliance Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 11.12. This represents a change of -42.54% compared to the average of 19.36 of the last 4 quarters.
The mean historical Current Ratio of Microalliance Group Inc. over the last ten years is 2.82. The current 11.12 Current Ratio has changed 39.31% with respect to the historical average. Over the past ten years (40 quarters), FHAI's Current Ratio was at its highest in in the September 2022 quarter at 29.67. The Current Ratio was at its lowest in in the March 2004 quarter at 0.
Average
2.82
Median
0.23
Minimum
0
Maximum
11.12
Discovering the peaks and valleys of Microalliance Group 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 = Infinity%
Maximum Annual Current Ratio = 11.12
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 11.12 | 4.19% |
| 2020 | 0.26 | -18.04% |
| 2019 | 0.32 | Infinity% |
| 2008 | 0 | -100.00% |
| 2007 | 0.05 | Infinity% |
| 2006 | 0 | -100.00% |
| 2005 | 0.20 | -98.14% |
The current Current Ratio of Microalliance Group Inc. (FHAI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.90
5-year avg
2.35
10-year avg
2.82
Microalliance Group Inc.’s Current Ratio is greater than Devro plc (2.32), greater than Devro plc (2.32), greater than Synlait Milk Limited (0.86), greater than IDP Education Limited (1.39), greater than Hotel Chocolat Group plc (1.56), greater than Seneca Foods Corporation (4.11), greater than Bakkavor Group plc (0.65), greater than Indofood Agri Resources Ltd. (1.57), greater than Ginebra San Miguel Inc. (2.81), greater than United Malt Group Limited (1.74),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.32 | $673.27M | |
| 2.32 | $610.90M | |
| 0.86 | $585.71M | |
| 1.39 | $695.74M | |
| 1.56 | $658.94M | |
| 4.11 | $785.88M | |
| 0.65 | $928.22M | |
| 1.57 | $432.73M | |
| 2.81 | $598.35M | |
| 1.74 | $809.34M |
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