MGFRF
Price:
$0.0004
Market Cap:
$3.49M
MagForce AG operates in the field of nanotechnology-based cancer therapy in Germany and Poland. It offers NanoTherm, a therapy for the treatment of brain tumors; NanoPlan, a software that supports the attending physician in preparing the ideal treatment plan for the NanoTherm therapy; and NanoActivator, a magnetic field generator. MagForce AG was founded in 1997 and is headquartered in Berlin, Germany.
Industry
Medical - Devices
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
MGFRF
According to MagForce AG’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -74.36% compared to the average of 0.75 of the last 4 quarters.
The mean historical Current Ratio of MagForce AG over the last ten years is 3.46. The current 0.19 Current Ratio has changed 456.52% with respect to the historical average. Over the past ten years (40 quarters), MGFRF's Current Ratio was at its highest in in the June 2013 quarter at 17.95. The Current Ratio was at its lowest in in the January 2007 quarter at 0.
Average
3.46
Median
2.00
Minimum
0.19
Maximum
8.43
Discovering the peaks and valleys of MagForce AG 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 = 18.71%
Maximum Annual Current Ratio = 8.43
Minimum Annual Increase = -94.30%
Minimum Annual Current Ratio = 0.19
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 0.19 | -80.92% |
| 2020 | 1.01 | 73.45% |
| 2019 | 0.58 | -80.50% |
| 2018 | 2.98 | 195.50% |
| 2017 | 1.01 | 110.18% |
| 2016 | 0.48 | -94.30% |
| 2015 | 8.43 | 65.48% |
| 2014 | 5.09 | -33.38% |
| 2013 | 7.64 | 6.40% |
| 2012 | 7.18 | 18.71% |
The current Current Ratio of MagForce AG (MGFRF) 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
0.59
5-year avg
1.16
10-year avg
3.46
MagForce AG’s Current Ratio is greater than Nanomix Corporation (0.02), less than Advanzeon Solutions, Inc. (0), less than Genesis Healthcare, Inc. (0.23), less than Acorda Therapeutics, Inc. (0.33), less than Goodbody Health Limited (2.03), less than Navidea Biopharmaceuticals, Inc. (0.32), greater than Generex Biotechnology Corporation (0.03), greater than New You, Inc. (0.05), greater than MobileSmith, Inc. (0.12), less than Allied Healthcare Products, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.02 | $9.80K | |
| 0 | $11.99K | |
| 0.23 | $12.15K | |
| 0.33 | $12.42K | |
| 2.03 | $365.00 | |
| 0.32 | $10.01K | |
| 0.03 | $0 | |
| 0.05 | $14.99K | |
| 0.12 | $8.52K | |
| 0 | $4.01K |
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