NWBD
Price:
$0.0004
Market Cap:
$192.23K
New World Brands, Inc. provides telecommunications sales, services, products, and services utilizing voice over Internet protocol (VoIP) technology. New World Brands, Inc. was formerly known as Qualmax, Inc. and changed its name to New World Brands, Inc. in September 2006. The company was founded in 1986 and is based in McKinney, Texas.
Industry
IPO Date
2000-01-03
Stock Exchange
OTC
Ticker
NWBD
According to New World Brands, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.77. This represents a change of 39.29% compared to the average of 0.55 of the last 4 quarters.
The mean historical Current Ratio of New World Brands, Inc. over the last ten years is 1.78. The current 0.77 Current Ratio has changed 4.22% with respect to the historical average. Over the past ten years (40 quarters), NWBD's Current Ratio was at its highest in in the August 2004 quarter at 10.72. The Current Ratio was at its lowest in in the August 2001 quarter at 0.00.
Average
1.78
Median
1.37
Minimum
0.00
Maximum
5.65
Discovering the peaks and valleys of New World Brands, 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 = 20.32%
Maximum Annual Current Ratio = 5.65
Minimum Annual Increase = -99.36%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2009 | 0.77 | -56.27% |
| 2008 | 1.76 | -12.32% |
| 2007 | 2.01 | -1.16% |
| 2006 | 2.03 | 108.40% |
| 2006 | 0.97 | -76.93% |
| 2005 | 4.22 | -25.33% |
| 2004 | 5.65 | 4.04% |
| 2003 | 0.14 | -46.34% |
| 2002 | 0.25 | 20.32% |
| 2001 | 0.00 | -99.36% |
The current Current Ratio of New World Brands, Inc. (NWBD) 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
1.51
5-year avg
1.51
10-year avg
1.78
New World Brands, Inc.’s Current Ratio is greater than Central Energy Partners LP (0.41), less than Star Entertainment Group Inc. (0), less than Social Media Ventures, Inc. (0), less than Universal Apparel & Textile Company (1.31), less than PTA Holdings, Inc. (1.69), less than Pope & Talbot Inc. (2.52), greater than Broke Out Inc. (0.30), greater than Aroway Energy Inc. (0.09), less than iMing Corp. (0), greater than Bolivar Mining Corp. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.41 | $195.91K | |
| 0 | $100.17K | |
| 0 | $37.53K | |
| 1.31 | $44.83K | |
| 1.69 | $90.34K | |
| 2.52 | $24.67K | |
| 0.30 | $3.20K | |
| 0.09 | $618.00 | |
| 0 | $12.00 | |
| 0 | $18.00 |
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