Micromem Technologies Inc.

Micromem Technologies Inc.verified

MRM.CN

Price:

$0.055

Market Cap:

$24.50M

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

2010-03-09

Stock Exchange

CNQ

Ticker

MRM.CN

The Current Ratio as of December 2025 (TTM) for Micromem Technologies Inc. (MRM.CN) 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. (MRM.CN) Historical Current Ratio (quarterly & annually)

How has MRM.CN 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), MRM.CN'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. (MRM.CN) 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. (MRM.CN) Average Current Ratio

How has MRM.CN Current Ratio performed in the past?

The current Current Ratio of Micromem Technologies Inc. (MRM.CN) 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. (MRM.CN) Current Ratio vs. Peers

How is MRM.CN’s Current Ratio compared to its peers?

Micromem Technologies Inc.’s Current Ratio is less than Clip Money Inc. (0.54), less than Ynvisible Interactive Inc. (3.23), less than ProStar Holdings Inc. (0.52), less than East Side Games Group Inc. (1.54), less than NowVertical Group Inc. (0.91), less than RenoWorks Software Inc. (1.01), greater than Blockchain Venture Capital Inc. (0.01), less than Cybeats Technologies Corp. (0.10), less than Plurilock Security Inc. (0.81), less than EarthLabs Inc. (7.85),

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