FRAG.ST
Price:
$7
Market Cap:
$51.38M
Fragbite Group AB (publ) operates as a digital gaming entertainment company in the Nordic region. It develops, publishes, distributes, and markets mobile games through its game development studios, including Lucky Kat, FunRock Development, and Prey Studios; and arranges and broadcasts e-sports tournaments live. The company was founded in 2002 and is headquartered in Stockholm, Sweden. Fragbite Group AB was a former subsidiary of FunRock Media AB.
Industry
Electronic Gaming & Multimedia
IPO Date
2021-07-12
Stock Exchange
STO
Ticker
FRAG.ST
According to Fragbite Group AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 0.39. This represents a change of -0.79% compared to the average of 0.39 of the last 4 quarters.
The mean historical Current Ratio of Fragbite Group AB (publ) over the last ten years is 1.52. The current 0.39 Current Ratio has changed 2.45% with respect to the historical average. Over the past ten years (40 quarters), FRAG.ST's Current Ratio was at its highest in in the September 2021 quarter at 2.27. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.52
Median
1.63
Minimum
0.42
Maximum
3.63
Discovering the peaks and valleys of Fragbite Group AB (publ) 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 = 23.28%
Maximum Annual Current Ratio = 3.63
Minimum Annual Increase = -69.33%
Minimum Annual Current Ratio = 0.42
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.44 | 3.99% |
| 2023 | 0.42 | -31.69% |
| 2022 | 0.62 | -69.33% |
| 2021 | 2.02 | 23.28% |
| 2020 | 1.63 | -12.35% |
| 2019 | 1.87 | -48.55% |
The current Current Ratio of Fragbite Group AB (publ) (FRAG.ST) 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
0.49
5-year avg
1.03
10-year avg
1.52
Fragbite Group AB (publ)’s Current Ratio is less than Scout Gaming Group AB (publ) (1.97), greater than Sonetel AB (publ) (0.36), less than Realfiction Holding AB (publ) (0.45), less than ChargePanel AB (publ) (0.78), less than Neovici Holding AB ser. B (0.64), less than Gasporox AB (publ) (1.72), less than M.O.B.A. Network AB (publ) (1.71), less than Nitro Games Oyj (1.40), less than Kentima Holding AB (publ) (1.42), greater than Anoto Group AB (publ) (0.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.97 | $34.91M | |
| 0.36 | $54.89M | |
| 0.45 | $86.67M | |
| 0.78 | $52.13M | |
| 0.64 | $82.85M | |
| 1.72 | $66.60M | |
| 1.71 | $19.05M | |
| 1.40 | $33.35M | |
| 1.42 | $74.91M | |
| 0.37 | $54.24M |
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