MKTY
Price:
$12.66
Market Cap:
$57.07M
Mechanical Technology, Incorporated, through its subsidiary, MTI Instruments, Inc., designs, manufactures, and markets precision linear displacement solutions, vibration measurement and system balancing solutions, and wafer inspection tools worldwide. It offers electronic gauging instruments for position, displacement, and vibration applications in the industrial manufacturing/production markets, as well as the research, design, and process development market. The company also provides engine vibration analysis systems for military and commercial aircraft; capacitance, laser systems, and fiber optic sensors for non-contact measurement; and vibration and balancing systems, engine signal condi...[Read more]
Industry
Industrial - Machinery
IPO Date
2021-03-23
Stock Exchange
OTC
Ticker
MKTY
According to Mechanical Technology, Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 1.18. This represents a change of 119.89% compared to the average of 0.54 of the last 4 quarters.
The mean historical Current Ratio of Mechanical Technology, Incorporated over the last ten years is 2.76. The current 1.18 Current Ratio has changed 4.19% with respect to the historical average. Over the past ten years (40 quarters), MKTY's Current Ratio was at its highest in in the December 2018 quarter at 6.34. The Current Ratio was at its lowest in in the December 2022 quarter at 0.16.
Average
2.76
Median
2.63
Minimum
0.16
Maximum
6.34
Discovering the peaks and valleys of Mechanical Technology, Incorporated 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 = 222.36%
Maximum Annual Current Ratio = 6.34
Minimum Annual Increase = -90.13%
Minimum Annual Current Ratio = 0.16
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.28 | -44.40% |
| 2023 | 0.51 | 222.36% |
| 2022 | 0.16 | -90.13% |
| 2021 | 1.59 | -45.44% |
| 2020 | 2.92 | -21.28% |
| 2019 | 3.71 | -41.54% |
| 2018 | 6.34 | 30.51% |
| 2017 | 4.86 | -0.26% |
| 2016 | 4.87 | 108.88% |
| 2015 | 2.33 | -26.88% |
The current Current Ratio of Mechanical Technology, Incorporated (MKTY) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.32
5-year avg
1.09
10-year avg
2.76
Mechanical Technology, Incorporated’s Current Ratio is less than Xeros Technology Group plc (6.72), less than Chen Hsong Holdings Limited (2.86), less than Feintool International Holding AG (1.46), less than Costain Group PLC (1.41), less than Ceres Inc. (1.30), less than NHOA S.a. (1.50), greater than Hyve Group Plc (0.57), less than James Fisher and Sons plc (0), greater than Meiko Trans Co., Ltd. (0), less than Agfa-Gevaert N.V. (2.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.72 | $244.59M | |
| 2.86 | $145.59M | |
| 1.46 | $309.82M | |
| 1.41 | $366.73M | |
| 1.30 | $266.93M | |
| 1.50 | $322.22M | |
| 0.57 | $244.73M | |
| 0 | $272.85M | |
| 0 | $239.52M | |
| 2.08 | $119.21M |
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