FOXX
Price:
$3.97
Market Cap:
$26.91M
Foxx Development Holdings Inc. sells, retails, and distributes smartphones and tablets under the Foxx brand in the United States. The company also offers wearables, and other communication terminals. In addition, it is involved in the after-sales support and research and development of new customization standards and services. The company sells its products to budget conscious/practical shopper, first-time tablets or smartphone users, and parents of first-time tablets or smartphone users through partnered telecommunication carriers' online and physical retail stores. Foxx Development Holdings Inc. was founded in 2017 and is headquartered in Irvine, California.
Industry
Consumer Electronics
IPO Date
2022-08-08
Stock Exchange
NASDAQ
Ticker
FOXX
According to Foxx Development Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.72. This represents a change of -16.24% compared to the average of 0.87 of the last 4 quarters.
The mean historical Current Ratio of Foxx Development Holdings Inc. over the last ten years is 0.62. The current 0.72 Current Ratio has changed 11.51% with respect to the historical average. Over the past ten years (40 quarters), FOXX's Current Ratio was at its highest in in the September 2022 quarter at 10.29. The Current Ratio was at its lowest in in the March 2022 quarter at 0.
Average
0.62
Median
0.62
Minimum
0.48
Maximum
0.78
Discovering the peaks and valleys of Foxx Development Holdings 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 = 60.63%
Maximum Annual Current Ratio = 0.78
Minimum Annual Increase = -34.94%
Minimum Annual Current Ratio = 0.48
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.78 | 60.63% |
| 2024 | 0.48 | -34.94% |
| 2023 | 0.74 | 51.91% |
The current Current Ratio of Foxx Development Holdings Inc. (FOXX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.67
5-year avg
0.62
10-year avg
0.62
Foxx Development Holdings Inc.’s Current Ratio is less than CLPS Incorporation (1.74), less than NextPlat Corp (3.56), less than NetClass Technology Inc (1.70), less than Firefly Neuroscience, Inc. (2.00), greater than Veea Inc. (0.57), less than UTStarcom Holdings Corp. (2.99), greater than ConnectM Technology Solutions, Inc. (0.35), less than XBP Global Holdings, Inc. (0.73), less than SAGTEC GLOBAL Ltd (5.66), less than Arbe Robotics Ltd. (4.18),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.74 | $24.78M | |
| 3.56 | $15.61M | |
| 1.70 | $22.36M | |
| 2.00 | $23.31M | |
| 0.57 | $18.03M | |
| 2.99 | $23.39M | |
| 0.35 | $29.37M | |
| 0.73 | $63.40M | |
| 5.66 | $30.29M | |
| 4.18 | $176.35M |
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What is the Current Ratio?
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What is Foxx Development Holdings Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Foxx Development Holdings Inc. (FOXX)?
What is the 5-year average Current Ratio for Foxx Development Holdings Inc. (FOXX)?
How does the current Current Ratio for Foxx Development Holdings Inc. (FOXX) compare to its historical average?