MLCT
Price:
$0.195
Market Cap:
$0
Malachite Innovations, Inc., together with its subsidiaries, provides health and wellness products in the United States. It offers a portfolio of approximately 100 novel cannabosides, including glycosylated tetrahydrocannabinol, cannabidiol, cannabidivarin, and cannabinol. The company also develops THC-glycoside (VBX-100), an oral prodrug for the treatment of gastrointestinal diseases, including inflammatory bowel disease and irritable bowel syndrome. In addition, it engages in identifying, investing in, and repositioning environmental situations with a focus on technological innovations and eco-friendly solutions. The company was formerly known as Vitality Biopharma, Inc. and changed its na...[Read more]
Industry
Biotechnology
IPO Date
2012-03-27
Stock Exchange
OTC
Ticker
MLCT
According to Malachite Innovations, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 26.54. This represents a change of 163.85% compared to the average of 10.06 of the last 4 quarters.
The mean historical Current Ratio of Malachite Innovations, Inc. over the last ten years is 4.17. The current 26.54 Current Ratio has changed 63.52% with respect to the historical average. Over the past ten years (40 quarters), MLCT's Current Ratio was at its highest in in the March 2021 quarter at 26.54. The Current Ratio was at its lowest in in the September 2016 quarter at 0.07.
Average
4.17
Median
1.61
Minimum
0.21
Maximum
26.54
Discovering the peaks and valleys of Malachite Innovations, 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 = 1.64%
Maximum Annual Current Ratio = 26.54
Minimum Annual Increase = -67.69%
Minimum Annual Current Ratio = 0.21
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 26.54 | 1.32% |
| 2020 | 1.87 | -67.36% |
| 2019 | 5.74 | 200.34% |
| 2018 | 1.91 | 30.26% |
| 2017 | 1.47 | 610.88% |
| 2016 | 0.21 | -31.16% |
| 2015 | 0.30 | -67.69% |
| 2014 | 0.93 | -7.19% |
| 2013 | 1.00 | -42.68% |
| 2012 | 1.74 | 1.64% |
The current Current Ratio of Malachite Innovations, Inc. (MLCT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
11.38
5-year avg
7.51
10-year avg
4.17
Malachite Innovations, Inc.’s Current Ratio is greater than Sorrento Therapeutics, Inc. (0.29), less than American Hemp Ventures, Inc. (0), greater than OptiBiotix Health Plc (4.61), greater than Rapid Dose Therapeutics Corp. (0.13), greater than Organicell Regenerative Medicine, Inc. (0.27), greater than Noxopharm Limited (1.18), greater than Poxel S.A. (0.34), greater than Think Research Corporation (0.34), greater than Kadimastem Ltd (0.02), greater than Ceapro Inc. (8.54),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.29 | $16.54M | |
| 0 | $16.47M | |
| 4.61 | $20.06M | |
| 0.13 | $19.93M | |
| 0.27 | $19.97M | |
| 1.18 | $14.78M | |
| 0.34 | $13.42M | |
| 0.34 | $17.81M | |
| 0.02 | $9.50M | |
| 8.54 | $13.31M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Malachite Innovations, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Malachite Innovations, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Malachite Innovations, Inc.'s Current Ratio?
How is the Current Ratio calculated for Malachite Innovations, Inc. (MLCT)?
What is the highest Current Ratio for Malachite Innovations, Inc. (MLCT)?
What is the 3-year average Current Ratio for Malachite Innovations, Inc. (MLCT)?
What is the 5-year average Current Ratio for Malachite Innovations, Inc. (MLCT)?
How does the current Current Ratio for Malachite Innovations, Inc. (MLCT) compare to its historical average?