IBG
Price:
$2.43
Market Cap:
$4.30M
Innovation Beverage Group, together with its subsidiaries, develops, manufactures, sells, and exports alcoholic beverages in Australia and the United States. The company offers bitters under the Australian Bitters Company and BitterTales brands; bottled cocktails under the Twisted Shaker brand; light spirits; and mixers. It also provides non-alcoholic beverages; non-alcoholic spirits under the Drummerboy brands; and other alcoholic beverages under the Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs brands. In addition, the company retails wines and spirits, as well as its other products, through its online marketplaces consisting of www.wiredforwine.com, www.bevmart....[Read more]
Industry
Beverages - Alcoholic
IPO Date
2013-12-16
Stock Exchange
NASDAQ
Ticker
IBG
According to Innovation Beverage Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of 48.48% compared to the average of 0.77 of the last 4 quarters.
The mean historical Current Ratio of Innovation Beverage Group Limited over the last ten years is 0.90. The current 1.14 Current Ratio has changed 12.59% with respect to the historical average. Over the past ten years (40 quarters), IBG's Current Ratio was at its highest in in the December 2021 quarter at 1.49. The Current Ratio was at its lowest in in the June 2021 quarter at 0.
Average
0.90
Median
0.82
Minimum
0.48
Maximum
1.49
Discovering the peaks and valleys of Innovation Beverage Group Limited 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 = 172.42%
Maximum Annual Current Ratio = 1.49
Minimum Annual Increase = -45.23%
Minimum Annual Current Ratio = 0.48
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.14 | 134.86% |
| 2023 | 0.48 | -40.79% |
| 2022 | 0.82 | -45.23% |
| 2021 | 1.49 | 172.42% |
The current Current Ratio of Innovation Beverage Group Limited (IBG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.81
5-year avg
0.90
10-year avg
0.90
Innovation Beverage Group Limited’s Current Ratio is greater than Elite Education Group International Limited (0.38), greater than Splash Beverage Group, Inc. (0.13), less than Greenlane Holdings, Inc. (2.17), greater than Golden Sun Education Group Limited (0.85), greater than Visionary Holdings Inc. (0.03), greater than Sadot Group Inc. (0.97), greater than Vestand Inc. (0.57), greater than Edible Garden AG Incorporated (0.80), less than Kaival Brands Innovations Group, Inc. (1.63), greater than AquaBounty Technologies, Inc. (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.38 | $4.35M | |
| 0.13 | $3.51M | |
| 2.17 | $4.87M | |
| 0.85 | $3.15M | |
| 0.03 | $5.89M | |
| 0.97 | $3.22M | |
| 0.57 | $2.81M | |
| 0.80 | $3.95M | |
| 1.63 | $5.64M | |
| 0.12 | $3.92M |
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