Novus Acquisition & Development Corp.

Novus Acquisition & Development Corp.verified

NDEV

Price:

$0.015

Market Cap:

$1.59M

Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc. and changed its name to Novus Acquisition & Development Corp. in April 2009. Novus Acquisition & Development Corp. was incorporated in 1996 and is based in Miami, Florida.

Industry

Insurance - Diversified

IPO Date

2013-01-09

Stock Exchange

OTC

Ticker

NDEV

The Current Ratio as of December 2025 (TTM) for Novus Acquisition & Development Corp. (NDEV) is 1.36

According to Novus Acquisition & Development Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of 1.92% compared to the average of 1.33 of the last 4 quarters.

Novus Acquisition & Development Corp. (NDEV) Historical Current Ratio (quarterly & annually)

How has NDEV Current Ratio performed in the past?

The mean historical Current Ratio of Novus Acquisition & Development Corp. over the last ten years is 1.23. The current 1.36 Current Ratio has changed 10.91% with respect to the historical average. Over the past ten years (40 quarters), NDEV's Current Ratio was at its highest in in the March 2025 quarter at 1.36. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

1.23

Median

1.26

Minimum

1.13

Maximum

1.34

Novus Acquisition & Development Corp. (NDEV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novus Acquisition & Development Corp. 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 = 12.25%

Maximum Annual Current Ratio = 1.34

Minimum Annual Increase = -11.08%

Minimum Annual Current Ratio = 1.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.343.89%
20231.292.86%
20221.258.67%
20211.15-11.08%
20201.301.57%
20191.2812.25%
20181.140.49%

Novus Acquisition & Development Corp. (NDEV) Average Current Ratio

How has NDEV Current Ratio performed in the past?

The current Current Ratio of Novus Acquisition & Development Corp. (NDEV) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.29

5-year avg

1.26

10-year avg

1.23

Novus Acquisition & Development Corp. (NDEV) Current Ratio vs. Peers

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

Novus Acquisition & Development Corp.’s Current Ratio is greater than Ameriguard Security Services, Inc. (0.27), less than iMining Technologies Inc. (6.37), less than Legion Capital Corporation (1.95), greater than Metavesco, Inc. (0.28), greater than National Graphite Corp. (0.02), less than LZG International, Inc. (3.18), less than AVVAA World Health Care Products, Inc. (2.57), greater than Adia Nutrition, Inc. (0.40), less than Quinsam Capital Corporation (4.89), greater than Loans4Less.Com, Inc. (0),

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