OMAGQ
Price:
$0.0006
Market Cap:
$13.86K
Omagine, Inc., operating through its various subsidiary entities, concentrates its business endeavors on entertainment, hospitality, and property development, primarily across the Middle East and North Africa. The firm specializes in the design, execution, and construction of integrated tourism and residential real estate projects. Established in New York, New York, Omagine, Inc. was incorporated in 2004. However, on March 10, 2020, the company, together with a related affiliate, sought protection and initiated a voluntary reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.
Industry
Real Estate - Development
IPO Date
1996-03-19
Stock Exchange
OTC
Ticker
OMAGQ
According to Omagine, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 184.05. This represents a change of 0.63% compared to the average of 182.90 of the last 4 quarters.
The mean historical Current Ratio of Omagine, Inc. over the last ten years is 51.70. The current 184.05 Current Ratio has changed 35.50% with respect to the historical average. Over the past ten years (40 quarters), OMAGQ's Current Ratio was at its highest in in the December 2015 quarter at 330.17. The Current Ratio was at its lowest in in the December 2013 quarter at 0.02.
Average
51.70
Median
0.18
Minimum
0.02
Maximum
330.17
Discovering the peaks and valleys of Omagine, 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 = 48.28%
Maximum Annual Current Ratio = 330.17
Minimum Annual Increase = -90.95%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2016 | 184.05 | -44.26% |
| 2015 | 330.17 | 48.28% |
| 2014 | 0.68 | 3.55% |
| 2013 | 0.02 | -90.95% |
| 2012 | 0.21 | 35.13% |
| 2011 | 0.15 | 56.38% |
| 2010 | 0.10 | -28.77% |
| 2009 | 0.14 | 6.57% |
| 2008 | 0.13 | -90.33% |
| 2007 | 1.33 | 1.84% |
The current Current Ratio of Omagine, Inc. (OMAGQ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
171.63
5-year avg
103.03
10-year avg
51.70
Omagine, Inc.’s Current Ratio is greater than Mountain Top Properties, Inc. (0.02), less than Northeast Development Corp., Inc. (0), greater than Bayport International Holdings, Inc. (0.00), greater than Green Giant Inc. (0.66), greater than Bishop Capital Corporation (3.96), greater than Taylor Consulting, Inc. (0.10), greater than DevMar Equities, Inc. (0.01), greater than Yangtze River Port and Logistics Limited (22.27), greater than SouthCorp Capital, Inc. (0.85), greater than Praetorian Property, Inc. (15.86),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.02 | $26.83K | |
| 0 | $19.23K | |
| 0.00 | $37.14K | |
| 0.66 | $14.35K | |
| 3.96 | $245.00 | |
| 0.10 | $10.64K | |
| 0.01 | $15.58K | |
| 22.27 | $89.76K | |
| 0.85 | $11.41K | |
| 15.86 | $15.60K |
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