IONC.CN
Price:
$0.005
Market Cap:
$1.62K
Ionic Brands Corp., through its subsidiaries, extracts, manufactures, brands, and distributes cannabis consumables and concentrate extract products in Washington and Oregon. The company provides cannabis oils and concentrates, infusions, and distillates; vaporizers; and hard goods, such as cartridges, applicators, pens, jars, etc. It also offers services and products ancillary to the cannabis production and processing industry, including the leasing of processing and transportation equipment; sourcing of devices, packaging, and labeling; and licensing of intellectual properties, as well as provision of operation and marketing support services to the licensed cannabis processors and producers...[Read more]
Industry
Drug Manufacturers - Specialty & Generic
IPO Date
2013-01-07
Stock Exchange
CNQ
Ticker
IONC.CN
According to Ionic Brands Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.20. This represents a change of -20.77% compared to the average of 1.52 of the last 4 quarters.
The mean historical Current Ratio of Ionic Brands Corp. over the last ten years is 0.32. The current 1.20 Current Ratio has changed 37.62% with respect to the historical average. Over the past ten years (40 quarters), IONC.CN's Current Ratio was at its highest in in the January 2013 quarter at 5.54. The Current Ratio was at its lowest in in the July 2018 quarter at 0.
Average
0.32
Median
0.04
Minimum
0
Maximum
1.20
Discovering the peaks and valleys of Ionic Brands Corp. 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 = Infinity%
Maximum Annual Current Ratio = 1.20
Minimum Annual Increase = -81.75%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 1.20 | 251.88% |
| 2020 | 0.34 | -66.86% |
| 2019 | 1.03 | 4.09% |
| 2018 | 0.02 | -35.35% |
| 2017 | 0.04 | 28.87% |
| 2016 | 0.03 | -81.75% |
| 2015 | 0.16 | 303.57% |
| 2014 | 0.04 | Infinity% |
The current Current Ratio of Ionic Brands Corp. (IONC.CN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.86
5-year avg
0.53
10-year avg
0.32
Ionic Brands Corp.’s Current Ratio is greater than MPX International Corporation (0.87), greater than Maven Brands Inc. (0.10), greater than Indigenous Bloom Hemp Corp. (0.11), greater than Agra Ventures Ltd. (0.05), greater than Avivagen Inc. (0.61), greater than Aequus Pharmaceuticals Inc. (0.04), greater than Yooma Wellness Inc. (1.18), greater than Hempsana Holdings Ltd. (0.18), greater than Green Scientific Labs Holdings Inc. (0.92), less than Lumiera Health Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.87 | $721.62K | |
| 0.10 | $702.82K | |
| 0.11 | $711.36K | |
| 0.05 | $590.27K | |
| 0.61 | $776.95K | |
| 0.04 | $663.17K | |
| 1.18 | $504.30K | |
| 0.18 | $591.29K | |
| 0.92 | $847.53K | |
| 0 | $849.83K |
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