Micromem Technologies Inc.

Micromem Technologies Inc.verified

MMTIF

Price:

$0.039

Market Cap:

$22.22M

Micromem Technologies Inc., through its subsidiary, Micromem Applied Sensor Technology, Inc., develops and markets customized sensor applications based on its proprietary technology in Canada and internationally. It serves companies in various industry segments, including defense, life sciences, automotive, consumer, and mining. The company was formerly known as Avanti Corp International Inc. and changed its name to Micromem Technologies Inc. in January 1999. Micromem Technologies Inc. was incorporated in 1985 and is headquartered in Toronto, Canada.

Industry

Semiconductors

IPO Date

1999-02-01

Stock Exchange

OTC

Ticker

MMTIF

The Current Ratio as of December 2025 (TTM) for Micromem Technologies Inc. (MMTIF) is 0.08

According to Micromem Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.08. This represents a change of 56.55% compared to the average of 0.05 of the last 4 quarters.

Micromem Technologies Inc. (MMTIF) Historical Current Ratio (quarterly & annually)

How has MMTIF Current Ratio performed in the past?

The mean historical Current Ratio of Micromem Technologies Inc. over the last ten years is 0.05. The current 0.08 Current Ratio has changed 14.58% with respect to the historical average. Over the past ten years (40 quarters), MMTIF's Current Ratio was at its highest in in the July 2015 quarter at 0.14. The Current Ratio was at its lowest in in the July 2019 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.05

Median

0.05

Minimum

0.01

Maximum

0.11

Micromem Technologies Inc. (MMTIF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Micromem Technologies 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 = 252.07%

Maximum Annual Current Ratio = 0.11

Minimum Annual Increase = -95.94%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.0440.39%
20230.03154.06%
20220.01-79.89%
20210.059.13%
20200.05252.07%
20190.01-81.13%
20180.07-32.54%
20170.1158.01%
20160.07-26.91%
20150.09-95.94%

Micromem Technologies Inc. (MMTIF) Average Current Ratio

How has MMTIF Current Ratio performed in the past?

The current Current Ratio of Micromem Technologies Inc. (MMTIF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.03

5-year avg

0.04

10-year avg

0.05

Micromem Technologies Inc. (MMTIF) Current Ratio vs. Peers

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

Micromem Technologies Inc.’s Current Ratio is less than Atomos Limited (1.25), less than Mobivity Holdings Corp. (0.09), less than Artificial Intelligence Technology Solutions Inc. (0.30), less than Latch, Inc. (2.51), greater than Catalyst Crew Technologies Corp. (0), less than Blackbird plc (5.21), less than Guerrilla RF, Inc. (1.35), less than SCI Engineered Materials, Inc. (5.10), less than Cyberlux Corporation (0.72), greater than Tribal Rides International Corp. (0.01),

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