MICT, Inc.

MICT, Inc. - Current Ratioverified

MICT

Price:

$0.9261

Market Cap:

$24.20K

MICT, Inc., through its subsidiaries, operates in the financial technology (FinTech) and insurance industries across China, Singapore, and Hong Kong. The company primarily focuses on building platforms for a wide range of insurance, financial products, and related services. Its financial offerings also include trading in securities, futures, and options, alongside providing expert securities advisory and asset management services. Additionally, MICT offers the "Magpie Invest" mobile application, which allows users to trade securities on various stock exchanges. In its insurance segment, the company functions as both an insurance broker and agency, distributing a comprehensive portfolio of in...[Read more]

Industry

Computer Hardware

IPO Date

2004-06-24

Stock Exchange

NASDAQ

Ticker

MICT

The Current Ratio as of August 2026 (TTM) for MICT, Inc. (MICT) is 2.00

According to MICT, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.00. This represents a change of 7.84% compared to the average of 1.86 of the last 4 quarters.

MICT, Inc. (MICT) Historical Current Ratio (quarterly & annually)

How has MICT Current Ratio performed in the past?

The mean historical Current Ratio of MICT, Inc. over the last ten years is 4.35. The current 2.00 Current Ratio has changed 4.50% with respect to the historical average. Over the past ten years (40 quarters), MICT's Current Ratio was at its highest in in the June 2022 quarter at 5.56. The Current Ratio was at its lowest in in the September 2023 quarter at 1.36.

Quarterly (TTM)
Annual

Average

4.35

Median

2.00

Minimum

0.92

Maximum

15.23

MICT, Inc. (MICT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MICT, 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 = 1.56%

Maximum Annual Current Ratio = 15.23

Minimum Annual Increase = -68.68%

Minimum Annual Current Ratio = 0.92

Quarterly (TTM)
Annual
YearCurrent RatioChange
20222.00-60.14%
20215.025.27%
20204.77-68.68%
201915.231.56%
20180.92-19.13%
20171.14-16.24%

MICT, Inc. (MICT) Average Current Ratio

How has MICT Current Ratio performed in the past?

The current Current Ratio of MICT, Inc. (MICT) 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

3.93

5-year avg

5.59

10-year avg

4.35

MICT, Inc. (MICT) Current Ratio vs. Peers

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

MICT, Inc.’s Current Ratio is less than Markforged Holding Corporation (2.48), less than Semantix, Inc. (2.86), greater than Alithya Group Inc. (1.45), greater than Vacasa, Inc. (0.77), less than Desktop Metal, Inc. (3.08), greater than Kaleyra, Inc. (1.48), less than IDEX Biometrics ASA (4.51), greater than ZeroFox Holdings, Inc. (0.79), less than PCTEL, Inc. (4.04), greater than Climb Global Solutions, Inc. (1.13),

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