PNGAF
Price:
$0.3405
Market Cap:
$9.17M
Operating across both Canadian and U.S. markets, Pangea Natural Foods Inc. is primarily involved in the creation and sale of plant-based food alternatives. Their product line includes various types of plant-based patties, an item they refer to as Old Fashioned Ghee (a butter product), and vegan Chickn' bites, which are designed as a plant-based nugget option. The company ensures its products reach consumers through multiple channels, leveraging online e-commerce platforms, traditional retail stores, and robust wholesale distribution networks. Initially founded in 2021 as Plant-Faced Foods Ltd., the firm officially adopted its current name, Pangea Natural Foods Inc., in September 2021. Its co...[Read more]
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 3.32. This represents a change of 18.12% compared to the average of 2.81 of the last 4 quarters.
The mean historical Current Ratio of Pangea Wellness Inc. over the last ten years is 3.35. The current 3.32 Current Ratio has changed 9.81% 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
1.66
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 = 1.23%
Maximum Annual Current Ratio = 10.97
Minimum Annual Increase = -84.86%
Minimum Annual Current Ratio = 0.25
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.32 | 1.23% |
| 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, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.37
5-year avg
3.35
10-year avg
3.35
Pangea Wellness Inc.’s Current Ratio is greater than Reliv' International, Inc. (3.26), less than Psyched Wellness Ltd. (5.04), greater than Tofutti Brands Inc. (2.82), less than Glucose Health, Inc. (5.64), greater than Century Global Commodities Corporation (2.84), greater than Flow Beverage Corp. (0.23), greater than Artisan Consumer Goods, Inc. (0.01), greater than Merion, Inc. (0.09), greater than CleanGo Innovations Inc. (0.19), greater than AiXin Life International, Inc. (0.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.26 | $3.79M | |
| 5.04 | $2.82M | |
| 2.82 | $3.30M | |
| 5.64 | $8.68M | |
| 2.84 | $2.41M | |
| 0.23 | $95.38K | |
| 0.01 | $1.04M | |
| 0.09 | $6.23K | |
| 0.19 | $4.03M | |
| 0.12 | $8.00M |
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