OCTO
Price:
$8.47
Market Cap:
$542.85M
Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.
Industry
Packaging & Containers
IPO Date
2022-05-18
Stock Exchange
NASDAQ
Ticker
OCTO
According to Eightco Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 18.87. This represents a change of 278.76% compared to the average of 4.98 of the last 4 quarters.
The mean historical Current Ratio of Eightco Holdings Inc. over the last ten years is 0.75. The current 18.87 Current Ratio has changed 251.78% with respect to the historical average. Over the past ten years (40 quarters), OCTO's Current Ratio was at its highest in in the September 2025 quarter at 18.87. The Current Ratio was at its lowest in in the March 2024 quarter at 0.29.
Average
0.75
Median
0.71
Minimum
0.37
Maximum
1.19
Discovering the peaks and valleys of Eightco 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 = 12.06%
Maximum Annual Current Ratio = 1.19
Minimum Annual Increase = -63.12%
Minimum Annual Current Ratio = 0.37
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.42 | 12.06% |
| 2023 | 0.37 | -63.12% |
| 2022 | 1.01 | -15.25% |
The current Current Ratio of Eightco Holdings Inc. (OCTO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.60
5-year avg
0.75
10-year avg
0.75
Eightco Holdings Inc.’s Current Ratio is greater than Tupperware Brands Corporation (1.31), greater than LL Flooring Holdings, Inc. (1.54), greater than Electrameccanica Vehicles Corp. (13.36), greater than FG Group Holdings Inc. (1.27), greater than Ping An Biomedical Co., Ltd. (0.84), greater than BowFlex Inc. (1.99), greater than Cazoo Group Ltd (1.76), less than Nu Ride Inc. (49.76), greater than noco-noco Inc. (0.14), greater than Solo Brands, Inc. (3.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.31 | $23.73M | |
| 1.54 | $25.87M | |
| 13.36 | $25.36M | |
| 1.27 | $24.44M | |
| 0.84 | $25.42M | |
| 1.99 | $351.80K | |
| 1.76 | $29.54M | |
| 49.76 | $22.53M | |
| 0.14 | $20.16M | |
| 3.62 | $31.33M |
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What is the 5-year average Current Ratio for Eightco Holdings Inc. (OCTO)?
How does the current Current Ratio for Eightco Holdings Inc. (OCTO) compare to its historical average?