GLAE
Price:
$28
Market Cap:
$704.76K
GlassBridge Enterprises, Inc., through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds, as well as separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc. in February 2017. GlassBridge Enterprises, Inc. was incorporated in 1996 and is headquartered in New York, New York.
Industry
Asset Management
IPO Date
1996-06-26
Stock Exchange
OTC
Ticker
GLAE
According to GlassBridge Enterprises, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of -2.83% compared to the average of 0.84 of the last 4 quarters.
The mean historical Current Ratio of GlassBridge Enterprises, Inc. over the last ten years is 1.38. The current 0.81 Current Ratio has changed 5.80% with respect to the historical average. Over the past ten years (40 quarters), GLAE's Current Ratio was at its highest in in the March 2020 quarter at 5.85. The Current Ratio was at its lowest in in the March 2021 quarter at 0.05.
Average
1.38
Median
1.20
Minimum
0.16
Maximum
2.80
Discovering the peaks and valleys of GlassBridge Enterprises, 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 = 1.63%
Maximum Annual Current Ratio = 2.80
Minimum Annual Increase = -93.40%
Minimum Annual Current Ratio = 0.16
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.81 | -70.98% |
| 2021 | 2.80 | 1.63% |
| 2020 | 0.16 | -93.40% |
| 2019 | 2.46 | 139.93% |
| 2018 | 1.02 | 34.47% |
| 2017 | 0.76 | -16.82% |
| 2016 | 0.92 | -33.55% |
| 2015 | 1.38 | -13.69% |
| 2014 | 1.60 | -14.00% |
| 2013 | 1.86 | 13.50% |
The current Current Ratio of GlassBridge Enterprises, Inc. (GLAE) 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
1.26
5-year avg
1.45
10-year avg
1.38
GlassBridge Enterprises, Inc.’s Current Ratio is greater than Mundus Group, Inc. (0), less than Invent Ventures, Inc. (10.23), less than FinCanna Capital Corp. (0), greater than EyeCity.com, Inc. (0), greater than Sunvault Energy, Inc. (0), less than Adams (JOHN) Life Corp. (0), greater than BCII Enterprises Inc. (0), greater than Plural Industry Holding Group Co. Limited (0.02), less than Chilco River Holdings, Inc. (7.91), greater than Visiber57 Corp. (0.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $1.00M | |
| 10.23 | $861.41K | |
| 0 | $597.60K | |
| 0 | $683.39K | |
| 0 | $761.90K | |
| 0 | $652.93K | |
| 0 | $856.43K | |
| 0.02 | $2.57M | |
| 7.91 | $3.12M | |
| 0.00 | $700.00K |
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How does the current Current Ratio for GlassBridge Enterprises, Inc. (GLAE) compare to its historical average?