NMGX
Price:
$0.27895
Market Cap:
$4.07M
Nano Magic Holdings Inc. develops, commercializes, and markets consumer and industrial products enabled by nanotechnology primarily in the United States. It operates through two segments, Product and Contract Services. The company offers anti-fogging towelettes to the military for safety, anti-fogging, and conditioning of lenses, masks, and head gears, as well as other applications, such as head's up displays; mar and stain resistant coatings for high end vitreous China tableware in restaurants, cruise ships, and casinos; clear protective coatings used on display panels and touch screens to remove fingerprints; protective and water repelling coatings for interior and exterior glass, and cera...[Read more]
Industry
Chemicals - Specialty
IPO Date
1994-10-31
Stock Exchange
OTC
Ticker
NMGX
According to Nano Magic Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.51. This represents a change of 5.42% compared to the average of 0.48 of the last 4 quarters.
The mean historical Current Ratio of Nano Magic Holdings Inc. over the last ten years is 0.94. The current 0.51 Current Ratio has changed 5.32% with respect to the historical average. Over the past ten years (40 quarters), NMGX's Current Ratio was at its highest in in the March 2021 quarter at 2.43. The Current Ratio was at its lowest in in the December 2024 quarter at 0.35.
Average
0.94
Median
0.70
Minimum
0.35
Maximum
1.87
Discovering the peaks and valleys of Nano Magic Holdings 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 = 137.23%
Maximum Annual Current Ratio = 1.87
Minimum Annual Increase = -74.55%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.35 | -74.55% |
| 2023 | 1.37 | -1.12% |
| 2022 | 1.38 | -26.14% |
| 2021 | 1.87 | 42.33% |
| 2020 | 1.31 | 137.23% |
| 2019 | 0.55 | -8.87% |
| 2018 | 0.61 | 7.43% |
| 2017 | 0.57 | -13.60% |
| 2016 | 0.65 | -12.59% |
| 2015 | 0.75 | -27.08% |
The current Current Ratio of Nano Magic Holdings Inc. (NMGX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.03
5-year avg
1.26
10-year avg
0.94
Nano Magic Holdings Inc.’s Current Ratio is greater than Sixth Wave Innovations Inc. (0.11), less than Flamemaster Corporation (13.55), greater than VVC Exploration Corporation (0.02), less than Harvest Gold Corporation (3.79), less than Venator Materials PLC (0.74), greater than Tsodilo Resources Limited (0.02), greater than Cascadero Copper Corporation (0.04), greater than First Helium Inc. (0.11), greater than Copper Lake Resources Ltd. (0.02), less than Australian Silica Quartz Group Ltd. (9.21),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.11 | $1.96K | |
| 13.55 | $6.14M | |
| 0.02 | $6.30M | |
| 3.79 | $3.44M | |
| 0.74 | $15.71M | |
| 0.02 | $5.15M | |
| 0.04 | $3.00M | |
| 0.11 | $6.18M | |
| 0.02 | $8.13M | |
| 9.21 | $5.64M |
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