Millennium Cell, Inc.

Millennium Cell, Inc.verified

MCELQ

Price:

$0.00001

Market Cap:

$763.00

Millennium Cell, Inc., a development stage company, develops hydrogen batteries for use primarily in portable electronic devices for the military, medical, industrial, and consumer markets. The hydrogen batteries comprise a fuel cell and hydrogen storage technology. The fuel blends used in the hydrogen battery technology include combination of water, sodium borohydride, and other chemicals. The hydrogen produced by its hydrogen fuel cartridge technology is converted into electricity by a fuel cell. The company develops the technology in partnership with corporate and government entities. It also licenses its hydrogen cartridge technology and designs to companies, which develop fuel cell syst...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2000-08-09

Stock Exchange

OTC

Ticker

MCELQ

The Current Ratio as of January 2026 (TTM) for Millennium Cell, Inc. (MCELQ) is 2.31

According to Millennium Cell, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.31. This represents a change of 17.08% compared to the average of 1.98 of the last 4 quarters.

Millennium Cell, Inc. (MCELQ) Historical Current Ratio (quarterly & annually)

How has MCELQ Current Ratio performed in the past?

The mean historical Current Ratio of Millennium Cell, Inc. over the last ten years is 3.16. The current 2.31 Current Ratio has changed 7.21% with respect to the historical average. Over the past ten years (40 quarters), MCELQ's Current Ratio was at its highest in in the September 2000 quarter at 64.82. The Current Ratio was at its lowest in in the March 2000 quarter at 0.19.

Quarterly (TTM)
Annual

Average

3.16

Median

2.31

Minimum

0.13

Maximum

9.08

Millennium Cell, Inc. (MCELQ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Millennium Cell, 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 = 7.10%

Maximum Annual Current Ratio = 9.08

Minimum Annual Increase = -61.58%

Minimum Annual Current Ratio = 0.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20072.3190.72%
20061.21-61.58%
20053.1680.23%
20041.75-60.33%
20034.42111.88%
20022.08-51.70%
20014.31-52.50%
20009.087.10%

Millennium Cell, Inc. (MCELQ) Average Current Ratio

How has MCELQ Current Ratio performed in the past?

The current Current Ratio of Millennium Cell, Inc. (MCELQ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.23

5-year avg

2.57

10-year avg

3.16

Millennium Cell, Inc. (MCELQ) Current Ratio vs. Peers

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

Millennium Cell, Inc.’s Current Ratio is greater than Dais Corporation (0.05), greater than China Carbon Graphite Group, Inc. (0.02), greater than Fidelis Energy, Inc. (0.12), greater than Eco Safe Systems USA, Inc. (2.26), greater than Creative Vistas, Inc. (0.84), greater than Xenonics Holdings, Inc. (1.03), less than Xebec Adsorption Inc. (0), greater than TRICCAR, Inc. (0.29), greater than GreenChek Technology Inc. (0.03), greater than ML Capital Group, Inc. (0),

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