PNGAF
Price:
$0.2536
Market Cap:
$7.89M
Pangea Natural Foods Inc. produces and sells plant-based patties in Canada and the United States. The company offers Old Fashioned Ghee, a butter product; and plant-based Chickn' bites, a vegan nugget. It distributes its products through e-commerce platforms, retail outlets, and wholesale networks. The company was formerly known as Plant-Faced Foods Ltd. and changed its name to Pangea Natural Foods Inc. in September 2021. Pangea Natural Foods Inc. was incorporated in 2021 and is headquartered in Surrey, Canada.
Industry
Packaged Foods
IPO Date
2022-08-25
Stock Exchange
OTC
Ticker
PNGAF
According to Pangea Wellness Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.11. This represents a change of 248.38% compared to the average of 2.04 of the last 4 quarters.
The mean historical Current Ratio of Pangea Wellness Inc. over the last ten years is 3.35. The current 7.11 Current Ratio has changed 21.10% with respect to the historical average. Over the past ten years (40 quarters), PNGAF's Current Ratio was at its highest in in the April 2022 quarter at 11.21. The Current Ratio was at its lowest in in the April 2021 quarter at 0.
Average
3.35
Median
1.10
Minimum
0.25
Maximum
10.97
Discovering the peaks and valleys of Pangea Wellness 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 = 0%
Maximum Annual Current Ratio = 10.97
Minimum Annual Increase = -84.86%
Minimum Annual Current Ratio = 0.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.25 | -53.47% |
| 2023 | 0.53 | -67.82% |
| 2022 | 1.66 | -84.86% |
The current Current Ratio of Pangea Wellness Inc. (PNGAF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.81
5-year avg
3.35
10-year avg
3.35
Pangea Wellness Inc.’s Current Ratio is greater than Reliv' International, Inc. (3.48), less than Psyched Wellness Ltd. (14.22), greater than Tofutti Brands Inc. (5.31), greater than Glucose Health, Inc. (0.58), greater than Century Global Commodities Corporation (2.98), greater than Flow Beverage Corp. (1.86), greater than Artisan Consumer Goods, Inc. (0.02), greater than Merion, Inc. (0.09), greater than CleanGo Innovations Inc. (0.20), greater than AiXin Life International, Inc. (0.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.48 | $4.65M | |
| 14.22 | $3.18M | |
| 5.31 | $4.12M | |
| 0.58 | $2.40M | |
| 2.98 | $5.91M | |
| 1.86 | $100.67K | |
| 0.02 | $1.04M | |
| 0.09 | $6.23K | |
| 0.20 | $3.39M | |
| 0.15 | $4.10M |
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