MDRNF
Price:
$0.053
Market Cap:
$987.81K
Modern Plant Based Foods Inc., a food company, develops and distributes plant-based meat alternative products in Canada and the United States. The company offers plant-based products, including meat and dairy-free alternatives, soups, and vegan snacks under the Modern Meat, KitsKitchen, Snacks From The Sun, and Modern Wellness Bar brands. It offers its products through retail supermarkets, natural grocers, and independents, as well as e-commerce platforms. The company was formerly known as Modern Meat Inc. and changed its name to Modern Plant Based Foods Inc. on February 2021. Modern Plant Based Foods Inc. is headquartered in Vancouver, Canada.
Industry
Packaged Foods
IPO Date
2002-01-23
Stock Exchange
OTC
Ticker
MDRNF
According to Modern Plant Based Foods Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.11. This represents a change of -19.75% compared to the average of 0.13 of the last 4 quarters.
The mean historical Current Ratio of Modern Plant Based Foods Inc. over the last ten years is 1.21. The current 0.11 Current Ratio has changed 787.06% with respect to the historical average. Over the past ten years (40 quarters), MDRNF's Current Ratio was at its highest in in the August 2020 quarter at 3.87. The Current Ratio was at its lowest in in the April 2016 quarter at 0.01.
Average
1.21
Median
0.44
Minimum
0.01
Maximum
3.87
Discovering the peaks and valleys of Modern Plant Based Foods 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 = 1.93%
Maximum Annual Current Ratio = 3.87
Minimum Annual Increase = -75.98%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.21 | -6.73% |
| 2023 | 0.23 | -64.52% |
| 2022 | 0.64 | -41.80% |
| 2021 | 1.11 | -71.37% |
| 2020 | 3.87 | 28.10% |
| 2019 | 3.02 | 5.30% |
| 2018 | 2.87 | 1.93% |
| 2017 | 0.14 | 1.30% |
| 2016 | 0.01 | -61.15% |
| 2015 | 0.03 | -75.98% |
The current Current Ratio of Modern Plant Based Foods Inc. (MDRNF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.36
5-year avg
1.21
10-year avg
1.21
Modern Plant Based Foods Inc.’s Current Ratio is greater than Amincor, Inc. (0), greater than Cult Food Science Corp. (0.03), greater than NuVim, Inc. (0.09), less than Steakholder Foods Ltd. (2.42), less than Global Seafood Technologies, Inc. (8.54), less than Jammin Java Corp. (0.28), less than Boosh Plant-Based Brands Inc. (0.12), less than Branded Legacy Inc (39.00), less than National American University Holdings, Inc. (0.26),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $642.24K | |
| 0.03 | $752.76K | |
| 0.09 | $878.86K | |
| 2.42 | $2.14M | |
| 8.54 | $1.39M | |
| 0.28 | $412.18K | |
| 0.12 | $729.31K | |
| 39.00 | $542.62K | |
| 0.26 | $1.09M |
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