OMTK
Price:
$0.01
Market Cap:
$219.48K
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. The company offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. Its products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. The company sells an...[Read more]
Industry
Auto - Parts
IPO Date
2007-11-01
Stock Exchange
OTC
Ticker
OMTK
According to Omnitek Engineering Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.37. This represents a change of -2.60% compared to the average of 0.38 of the last 4 quarters.
The mean historical Current Ratio of Omnitek Engineering Corp. over the last ten years is 1.20. The current 0.37 Current Ratio has changed 2.98% with respect to the historical average. Over the past ten years (40 quarters), OMTK's Current Ratio was at its highest in in the September 2015 quarter at 4.83. The Current Ratio was at its lowest in in the June 2024 quarter at 0.27.
Average
1.20
Median
0.65
Minimum
0.31
Maximum
4.00
Discovering the peaks and valleys of Omnitek Engineering 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 = 32.52%
Maximum Annual Current Ratio = 4.00
Minimum Annual Increase = -47.49%
Minimum Annual Current Ratio = 0.31
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.40 | 32.52% |
| 2023 | 0.31 | -25.38% |
| 2022 | 0.41 | -22.75% |
| 2021 | 0.53 | -10.60% |
| 2020 | 0.59 | -16.18% |
| 2019 | 0.71 | -32.37% |
| 2018 | 1.05 | -25.05% |
| 2017 | 1.40 | -47.49% |
| 2016 | 2.66 | -33.52% |
| 2015 | 4.00 | -28.62% |
The current Current Ratio of Omnitek Engineering Corp. (OMTK) 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
0.37
5-year avg
0.45
10-year avg
1.20
Omnitek Engineering Corp.’s Current Ratio is greater than TUGA Innovations, Inc. (0.01), greater than Sense Technologies, Inc. (0.12), greater than Code Green Apparel Corp. (0), less than Spot Coffee (Canada) Ltd. (0.38), greater than Blue Water Global Group, Inc. (0.13), greater than Sprout Tiny Homes, Inc. (0), less than Agristar, Inc. (0), greater than Esports Entertainment Group, Inc. (0.10), greater than New Momentum Corporation (0.01), less than Bergio International, Inc. (0.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | $535.59K | |
| 0.12 | $1.45K | |
| 0 | $371.77K | |
| 0.38 | $1.63K | |
| 0.13 | $37.27K | |
| 0 | $593.65K | |
| 0 | $500.00K | |
| 0.10 | $332.33K | |
| 0.01 | $330.35K | |
| 0.37 | $289.83K |
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