MBGNF
Price:
$0.0059
Market Cap:
$101.82K
Many Bright Ideas Technologies Inc. does not have significant operations. Previously, the company was engaged in the life science business with a focus on the development and commercialization of genomic-based tests for non-small-cell lung cancer. It focuses on the commercialization of technologies in various industrial sectors. The company was formerly known as Med BioGene Inc. and changed its name to Many Bright Ideas Technologies Inc. in June 2022. Many Bright Ideas Technologies Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Industry
Medical - Diagnostics & Research
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
MBGNF
According to Many Bright Ideas Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.04. This represents a change of -1.55% compared to the average of 0.04 of the last 4 quarters.
The mean historical Current Ratio of Many Bright Ideas Technologies Inc. over the last ten years is 0.22. The current 0.04 Current Ratio has changed 1.66% with respect to the historical average. Over the past ten years (40 quarters), MBGNF's Current Ratio was at its highest in in the June 2019 quarter at 0.95. The Current Ratio was at its lowest in in the December 2017 quarter at 0.02.
Average
0.22
Median
0.08
Minimum
0.02
Maximum
0.91
Discovering the peaks and valleys of Many Bright Ideas Technologies 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 = 933.49%
Maximum Annual Current Ratio = 0.91
Minimum Annual Increase = -98.33%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.02 | 13.14% |
| 2023 | 0.02 | -58.68% |
| 2022 | 0.04 | -63.10% |
| 2021 | 0.12 | -74.47% |
| 2020 | 0.46 | 76.07% |
| 2019 | 0.26 | 933.49% |
| 2018 | 0.03 | 66.27% |
| 2017 | 0.02 | -98.33% |
| 2016 | 0.91 | 196.72% |
| 2015 | 0.31 | -61.67% |
The current Current Ratio of Many Bright Ideas Technologies Inc. (MBGNF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.03
5-year avg
0.13
10-year avg
0.22
Many Bright Ideas Technologies Inc.’s Current Ratio is less than Immunovia AB (publ) (1.91), less than Guided Therapeutics, Inc. (0.12), less than Nova Leap Health Corp. (0.82), less than Choom Holdings Inc. (0.18), less than CareView Communications, Inc. (0.09), less than Izotropic Corporation (0.08), less than Hadasit Bio-Holdings Ltd (2.84), less than Molecule Holdings Inc. (0.17), less than AccuStem Sciences Limited (0.39), greater than United Health Products, Inc. (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.91 | $15.90M | |
| 0.12 | $20.90M | |
| 0.82 | $21.22M | |
| 0.18 | $4.67K | |
| 0.09 | $11.68M | |
| 0.08 | $16.65M | |
| 2.84 | $1.33M | |
| 0.17 | $626.13K | |
| 0.39 | $0 | |
| 0.02 | $14.95M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Many Bright Ideas Technologies Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Many Bright Ideas Technologies Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Many Bright Ideas Technologies Inc.'s Current Ratio?
How is the Current Ratio calculated for Many Bright Ideas Technologies Inc. (MBGNF)?
What is the highest Current Ratio for Many Bright Ideas Technologies Inc. (MBGNF)?
What is the 3-year average Current Ratio for Many Bright Ideas Technologies Inc. (MBGNF)?
What is the 5-year average Current Ratio for Many Bright Ideas Technologies Inc. (MBGNF)?
How does the current Current Ratio for Many Bright Ideas Technologies Inc. (MBGNF) compare to its historical average?