ONDO.L
Spinnaker Acquisitions Plc operates in the B2B insurtech business. The company provides LeakBot system, a water security system that prevents small leaks from turning into insurance claims. Its LeakBot system enables household insurers to mitigate the cost of claims arising due to an escape of water. The company also offers underlying claims mitigation services to its insurer partners. The company is based in London, the United Kingdom.
Industry
Shell Companies
IPO Date
2021-07-28
Stock Exchange
LSE
Ticker
ONDO.L
According to Ondo InsurTech Plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.29. This represents a change of -7.61% compared to the average of 1.40 of the last 4 quarters.
The mean historical Current Ratio of Ondo InsurTech Plc over the last ten years is 2.25. The current 1.29 Current Ratio has changed 5.64% with respect to the historical average. Over the past ten years (40 quarters), ONDO.L's Current Ratio was at its highest in in the August 2021 quarter at 83.81. The Current Ratio was at its lowest in in the April 2021 quarter at 0.
Average
2.25
Median
0.28
Minimum
0.06
Maximum
18.56
Discovering the peaks and valleys of Ondo InsurTech Plc 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 = 28.74%
Maximum Annual Current Ratio = 18.56
Minimum Annual Increase = -95.66%
Minimum Annual Current Ratio = 0.06
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.29 | 53.47% |
| 2024 | 0.84 | 4.25% |
| 2023 | 0.81 | -95.66% |
| 2022 | 18.56 | 28.74% |
| 2020 | 0.06 | 6.83% |
| 2019 | 0.06 | -55.73% |
| 2018 | 0.14 | -14.12% |
| 2017 | 0.16 | -38.79% |
| 2016 | 0.26 | -11.49% |
| 2015 | 0.29 | -39.82% |
The current Current Ratio of Ondo InsurTech Plc (ONDO.L) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.98
5-year avg
4.31
10-year avg
2.25
Ondo InsurTech Plc’s Current Ratio is less than EPE Special Opportunities Limited (1.43), greater than VPC Specialty Lending Investments PLC (0), less than RM Infrastructure Income PLC (3.95), greater than CEIBA Investments Limited (0.47), less than Cavendish Financial plc (1.64), less than Time Finance plc (1.43), less than WisdomTree S&P 500 VIX Short-Term Futures 2.25x Daily Leveraged (0), less than Onward Opportunities Ltd (9.44), less than Volvere plc (6.26), greater than Alkemy Capital Investments Plc (0.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.43 | N/A | |
| 0 | N/A | |
| 3.95 | N/A | |
| 0.47 | N/A | |
| 1.64 | N/A | |
| 1.43 | N/A | |
| 0 | N/A | |
| 9.44 | N/A | |
| 6.26 | N/A | |
| 0.29 | N/A |
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