Malachite Innovations, Inc.

Malachite Innovations, Inc.verified

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

The Current Ratio as of December 2025 (TTM) for Malachite Innovations, Inc. (MLCT) is 26.54

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.

Malachite Innovations, Inc. (MLCT) Historical Current Ratio (quarterly & annually)

How has MLCT Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

4.17

Median

1.61

Minimum

0.21

Maximum

26.54

Malachite Innovations, Inc. (MLCT) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
202126.541.32%
20201.87-67.36%
20195.74200.34%
20181.9130.26%
20171.47610.88%
20160.21-31.16%
20150.30-67.69%
20140.93-7.19%
20131.00-42.68%
20121.741.64%

Malachite Innovations, Inc. (MLCT) Average Current Ratio

How has MLCT Current Ratio performed in the past?

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. (MLCT) Current Ratio vs. Peers

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

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),

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