ORGN
Price:
$0.4851
Market Cap:
$73.32M
Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic. It develops a platform for turning the carbon found in biomass into useful materials, while capturing carbon in the process. The company serves tire filler, carbon black, agriculture, and activated carbon markets. Micromidas, Inc. has a strategic alliance with Palantir Technologies Inc. The company was incorporated in 2008 and is based in West Sacramento, California with a facility in Sarnia, Canada.
Industry
Chemicals
IPO Date
2020-09-04
Stock Exchange
NASDAQ
Ticker
ORGN
According to Origin Materials, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.37. This represents a change of -41.05% compared to the average of 10.81 of the last 4 quarters.
The mean historical Current Ratio of Origin Materials, Inc. over the last ten years is 25.38. The current 6.37 Current Ratio has changed 2.41% with respect to the historical average. Over the past ten years (40 quarters), ORGN's Current Ratio was at its highest in in the June 2021 quarter at 257.95. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
25.38
Median
12.82
Minimum
0.26
Maximum
107.76
Discovering the peaks and valleys of Origin Materials, 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 = 41.63%
Maximum Annual Current Ratio = 107.76
Minimum Annual Increase = -86.55%
Minimum Annual Current Ratio = 0.26
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 11.09 | -23.76% |
| 2023 | 14.55 | -13.06% |
| 2022 | 16.73 | -84.47% |
| 2021 | 107.76 | 41.63% |
| 2020 | 0.26 | -86.55% |
The current Current Ratio of Origin Materials, Inc. (ORGN) 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
14.12
5-year avg
30.08
10-year avg
25.38
Origin Materials, Inc.’s Current Ratio is greater than Alto Ingredients, Inc. (3.56), greater than NexMetals Mining Corp. (2.53), greater than Loop Industries, Inc. (2.26), greater than Brazil Potash Corp. (5.87), greater than 5E Advanced Materials Inc. (0.80), greater than Gold Resource Corporation (1.70), greater than Atlas Lithium Corporation (3.69), less than Fury Gold Mines Limited (7.69), greater than Paramount Gold Nevada Corp. (1.32), greater than Largo Inc. (0.51),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.56 | $216.00M | |
| 2.53 | $80.89M | |
| 2.26 | $51.98M | |
| 5.87 | $92.53M | |
| 0.80 | $89.78M | |
| 1.70 | $92.86M | |
| 3.69 | $91.49M | |
| 7.69 | $112.48M | |
| 1.32 | $86.98M | |
| 0.51 | $66.68M |
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What is the Current Ratio?
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What is Origin Materials, Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Origin Materials, Inc. (ORGN)?
What is the 5-year average Current Ratio for Origin Materials, Inc. (ORGN)?
How does the current Current Ratio for Origin Materials, Inc. (ORGN) compare to its historical average?