FRXIF
Price:
$0.0416
Market Cap:
$2.99M
FRX Innovations Inc. manufactures and sells flame-retardant polyphosphate polymers in Asia, Europe, and internationally. The company's products including homopolymers used in carpets, textiles, connectors, wires and cables, transparent sheet products, and transparent blown films; Co-polymers used in housings, sheets, fibers, and lightings; and reactive oligomers used in decorative laminates, wall panels, copper clad laminates for printed circuit boards, and protective sheets and coatings. It serves building and construction, fiber, textiles, electrical, electronics, and transportation sectors. The company was formerly known as FRX Polymers Inc. and changed its name to FRX Innovations Inc. in...[Read more]
Industry
Chemicals - Specialty
IPO Date
2022-07-28
Stock Exchange
OTC
Ticker
FRXIF
According to FRX Innovations Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of 67.50% compared to the average of 0.62 of the last 4 quarters.
The mean historical Current Ratio of FRX Innovations Inc. over the last ten years is 1.18. The current 1.03 Current Ratio has changed 8.67% with respect to the historical average. Over the past ten years (40 quarters), FRXIF's Current Ratio was at its highest in in the September 2021 quarter at 1.72. The Current Ratio was at its lowest in in the September 2020 quarter at 0.
Average
1.18
Median
1.06
Minimum
0.29
Maximum
2.63
Discovering the peaks and valleys of FRX Innovations 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 = 803.85%
Maximum Annual Current Ratio = 2.63
Minimum Annual Increase = -69.55%
Minimum Annual Current Ratio = 0.29
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.03 | 212.46% |
| 2022 | 0.33 | -69.55% |
| 2021 | 1.08 | -36.10% |
| 2020 | 1.70 | -35.38% |
| 2019 | 2.63 | 803.85% |
The current Current Ratio of FRX Innovations Inc. (FRXIF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.82
5-year avg
1.35
10-year avg
1.18
FRX Innovations Inc.’s Current Ratio is greater than Inca One Gold Corp. (0.60), greater than Granite Creek Copper Ltd. (0.03), greater than Bonanza Goldfields Corp. (0.17), greater than Stratabound Minerals Corp. (0.26), less than Jubilee Gold Exploration Ltd. (24.57), greater than Straightup Resources Inc. (0.15), less than New Energy Metals Corp. (0), greater than Pacton Gold Inc. (0.87), less than Norseman Silver Inc. (12.80), greater than St. Anthony Gold Corp. (0.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.60 | $4.91M | |
| 0.03 | $4.98M | |
| 0.17 | $4.78M | |
| 0.26 | $5.15M | |
| 24.57 | $5.03M | |
| 0.15 | $5.09M | |
| 0 | $5.05M | |
| 0.87 | $5.27M | |
| 12.80 | $5.25M | |
| 0.21 | $4.73M |
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What is the Current Ratio?
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What is FRX Innovations Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for FRX Innovations Inc. (FRXIF)?
What is the 5-year average Current Ratio for FRX Innovations Inc. (FRXIF)?
How does the current Current Ratio for FRX Innovations Inc. (FRXIF) compare to its historical average?