Greenlite Ventures Inc.

Greenlite Ventures Inc. - Current Ratioverified

GRNL

Price:

$1.59

Market Cap:

$620.38K

Greenlite Ventures Inc. specializes in the marketing and distribution of carbon offsets. The company's strategy involves selling unverified carbon credits directly through its online platform to voluntary markets that do not necessitate formal certification. Additionally, it provides verified carbon offsets through alternative market channels. These certified offerings encompass both general verified emission reductions (VERs) and credits for curbing deforestation and degradation (REDD+), which are generated by global ecological restoration initiatives. Greenlite Ventures targets corporations, foundations, and other entities that wish to neutralize their carbon footprint and actively support...[Read more]

Industry

Industrial - Distribution

IPO Date

2007-05-03

Stock Exchange

OTC

Ticker

GRNL

The Current Ratio as of September 2026 (TTM) for Greenlite Ventures Inc. (GRNL) is 0.26

According to Greenlite Ventures Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.26. This represents a change of -18.09% compared to the average of 0.32 of the last 4 quarters.

Greenlite Ventures Inc. (GRNL) Historical Current Ratio (quarterly & annually)

How has GRNL Current Ratio performed in the past?

The mean historical Current Ratio of Greenlite Ventures Inc. over the last ten years is 0.38. The current 0.26 Current Ratio has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), GRNL's Current Ratio was at its highest in in the December 2006 quarter at 1.74. The Current Ratio was at its lowest in in the December 2008 quarter at 0.

Quarterly (TTM)
Annual

Average

0.38

Median

0.18

Minimum

0

Maximum

1.32

Greenlite Ventures Inc. (GRNL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Greenlite Ventures 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 = 0%

Maximum Annual Current Ratio = 1.32

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20260.28-27.10%
20250.38-57.94%
20240.91-30.88%
20231.32Infinity%
202200%
20210-100.00%
20120.752.00%
20110.04-38.21%
20100.06-18.58%
20090.07-24.61%

Greenlite Ventures Inc. (GRNL) Average Current Ratio

How has GRNL Current Ratio performed in the past?

The current Current Ratio of Greenlite Ventures Inc. (GRNL) 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

0.52

5-year avg

0.58

10-year avg

0.38

Greenlite Ventures Inc. (GRNL) Current Ratio vs. Peers

How is GRNL’s Current Ratio compared to its peers?

Greenlite Ventures Inc.’s Current Ratio is less than Medical Care Technologies Inc. (39.30), greater than Carefree Group, Inc. (0.26), less than Alliance Recovery Corporation (0.55), less than St. Joseph, Inc. (3.91), greater than Saxon Capital Group, Inc. (0), less than SH Resources & Development Corp. (0), greater than Green Leaf Innovations, Inc. (0.08), greater than BioEnergy Development Inc. (0.00), greater than Gold Entertainment Group, Inc. (0.03), less than Chase Packaging Corporation (48.57),

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