FRTN
Price:
$0.09391
Market Cap:
$2.24M
Fortran Corporation, through its subsidiaries, offers communication system integration services to media and communication sectors. The company provides communication solutions designing, sourcing, implementing, and maintenance services. Additionally, it offers mobile billboards, event marketing, conventions and trade shows, and political advertising and editorial statements. The company's subsidiaries include The New Telephone Company, Inc.; CCI-Telecom, Inc.; B & L Telephone, LLC; and Fortran Communications, Inc. Fortran Corporation was formerly known as Burke Mills Inc. and changed its name to Fortran Corporation in February 2013. Fortran Corporation was founded in 1948 and is based in Hi...[Read more]
Industry
Telecommunications Services
IPO Date
1980-03-18
Stock Exchange
OTC
Ticker
FRTN
According to Fortran Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of 63.78% compared to the average of 0.41 of the last 4 quarters.
The mean historical Current Ratio of Fortran Corporation over the last ten years is 0.57. The current 0.67 Current Ratio has changed 11.74% with respect to the historical average. Over the past ten years (40 quarters), FRTN's Current Ratio was at its highest in in the December 2004 quarter at 3.06. The Current Ratio was at its lowest in in the December 2012 quarter at 0.
Average
0.57
Median
0.28
Minimum
0.07
Maximum
1.57
Discovering the peaks and valleys of Fortran Corporation 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 = 186.16%
Maximum Annual Current Ratio = 1.57
Minimum Annual Increase = -91.20%
Minimum Annual Current Ratio = 0.07
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.58 | 138.06% |
| 2023 | 0.24 | -73.97% |
| 2022 | 0.93 | 186.16% |
| 2021 | 0.33 | 35.94% |
| 2020 | 0.24 | 34.80% |
| 2019 | 0.18 | 155.05% |
| 2018 | 0.07 | -49.36% |
| 2017 | 0.14 | -91.20% |
| 2016 | 1.57 | 10.48% |
| 2015 | 1.42 | 49.03% |
The current Current Ratio of Fortran Corporation (FRTN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.58
5-year avg
0.46
10-year avg
0.57
Fortran Corporation’s Current Ratio is greater than NW Tech Capital, Inc. (0.08), greater than World Wireless Communications, Inc. (0.06), greater than Sycamore Entertainment Group, Inc. (0.00), greater than All For One Media Corp. (0.00), greater than VNUE, Inc. (0.00), greater than American Nortel Communications, Inc. (0.10), greater than TV Azteca, S.A.B. de C.V. (0.42), greater than Airborne Wireless Network (0.11), greater than Eline Entertainment Group, Inc. (0), greater than MediaG3, Inc. (0.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.08 | $906.17K | |
| 0.06 | $1.46M | |
| 0.00 | $782.97K | |
| 0.00 | $925.29K | |
| 0.00 | $738.57K | |
| 0.10 | $1.06M | |
| 0.42 | $1.19M | |
| 0.11 | $486.27K | |
| 0 | $1.70M | |
| 0.29 | $149.35K |
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