MDWK
Price:
$0.115
Market Cap:
$26.17M
MDWerks, Inc. does not have significant operations. It focuses on effecting a reverse merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to engage in the multi-industry technology-based business. MDWerks, Inc. was founded in 2003 and is based in Rancho Mirage, California.
Industry
Shell Companies
IPO Date
2005-03-23
Stock Exchange
OTC
Ticker
MDWK
According to MDwerks, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.61. This represents a change of -3.49% compared to the average of 0.63 of the last 4 quarters.
The mean historical Current Ratio of MDwerks, Inc. over the last ten years is 1.32. The current 0.61 Current Ratio has changed 4.50% with respect to the historical average. Over the past ten years (40 quarters), MDWK's Current Ratio was at its highest in in the December 2006 quarter at 2.74. The Current Ratio was at its lowest in in the September 2022 quarter at -1.20.
Average
1.32
Median
0.46
Minimum
0
Maximum
7.65
Discovering the peaks and valleys of MDwerks, 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 = 0%
Maximum Annual Current Ratio = 7.65
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.23 | -55.09% |
| 2023 | 0.51 | 177.96% |
| 2022 | 0.19 | -97.58% |
| 2021 | 7.65 | Infinity% |
| 2020 | 0 | 0% |
| 2019 | 0 | -100.00% |
| 2008 | 0.97 | 133.85% |
| 2007 | 0.41 | -84.91% |
| 2006 | 2.74 | 433.60% |
| 2005 | 0.51 | 2.03% |
The current Current Ratio of MDwerks, Inc. (MDWK) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.31
5-year avg
1.72
10-year avg
1.32
MDwerks, Inc.’s Current Ratio is greater than Arogo Capital Acquisition Corp. (0.07), greater than Caro Holdings Inc. (0.15), greater than Arvana Inc. (0.00), greater than Luminar Media Group, Inc. (0.18), less than XCana Petroleum Corporation (0), greater than Inception Growth Acquisition Limited (0.01), greater than Public Company Management Corp. (0.30), greater than MNB Holdings Corporation (0.21), greater than U & I Financial Corp. (0.11), greater than WarpSpeed Taxi Inc. (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.07 | $37.01M | |
| 0.15 | $19.84M | |
| 0.00 | $48.36M | |
| 0.18 | $18.36M | |
| 0 | $26.18M | |
| 0.01 | $22.51M | |
| 0.30 | $16.80M | |
| 0.21 | $23.79M | |
| 0.11 | $21.63M | |
| 0.12 | $18.33M |
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