HOFBF
Price:
$0.1666
Market Cap:
$630.35M
Hofseth BioCare ASA engages in providing value added biomarine ingredients for human and animal applications in Norway and internationally. Its products include Brilliant salmon oil; OmeGo salmon oil for the maintenance of healthy cholesterol and cardiovascular function; ProGo, a salmon protein hydrolysate powder used as a fast absorbing protein supplement; CalGo, a marine calcium powder produced to support cartilage function and joint health; CollaGo, a collagen peptide powder to enhance the beauty of hair, skin, and nails; and PetGo, a non-soluble protein. The company distributes its products through distributors, agents, and its own sales force. It has a research agreement with Stanford U...[Read more]
Industry
Biotechnology
IPO Date
2018-08-22
Stock Exchange
OTC
Ticker
HOFBF
According to Hofseth BioCare ASA’s latest financial reports and current stock price. The company's current Current Ratio is 0.96. This represents a change of 20.67% compared to the average of 0.80 of the last 4 quarters.
The mean historical Current Ratio of Hofseth BioCare ASA over the last ten years is 1.19. The current 0.96 Current Ratio has changed 7.98% with respect to the historical average. Over the past ten years (40 quarters), HOFBF's Current Ratio was at its highest in in the December 2020 quarter at 2.56. The Current Ratio was at its lowest in in the June 2016 quarter at 0.37.
Average
1.19
Median
1.07
Minimum
0.52
Maximum
2.56
Discovering the peaks and valleys of Hofseth BioCare ASA 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 = 51.99%
Maximum Annual Current Ratio = 2.56
Minimum Annual Increase = -55.87%
Minimum Annual Current Ratio = 0.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.67 | 27.93% |
| 2023 | 0.52 | -49.03% |
| 2022 | 1.02 | -9.57% |
| 2021 | 1.13 | -55.87% |
| 2020 | 2.56 | 33.08% |
| 2019 | 1.92 | 36.96% |
| 2018 | 1.40 | 51.99% |
| 2017 | 0.92 | 48.12% |
| 2016 | 0.62 | -47.01% |
| 2015 | 1.18 | 2.47% |
The current Current Ratio of Hofseth BioCare ASA (HOFBF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.74
5-year avg
1.18
10-year avg
1.19
Hofseth BioCare ASA’s Current Ratio is less than Paradigm Biopharmaceuticals Limited (7.46), greater than Kintor Pharmaceutical Limited (0.44), less than Innate Pharma S.A. (2.21), greater than Scancell Holdings plc (0.77), less than Botanix Pharmaceuticals Limited (4.00), less than Poolbeg Pharma PLC (24.94), less than HLS Therapeutics Inc. (1.09), greater than FamiCord AG (0.65), less than Nuo Therapeutics, Inc. (1.16), less than Molecular Partners AG (9.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 7.46 | $109.88M | |
| 0.44 | $94.90M | |
| 2.21 | $183.43M | |
| 0.77 | $140.10M | |
| 4.00 | $150.41M | |
| 24.94 | $29.63M | |
| 1.09 | $108.43M | |
| 0.65 | $111.13M | |
| 1.16 | $108.66M | |
| 9.35 | $134.64M |
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