POET
Price:
$6.37
Market Cap:
$539.82M
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, virtual reality systems markets. The compan...[Read more]
Industry
Semiconductors
IPO Date
2008-06-25
Stock Exchange
NASDAQ
Ticker
POET
According to POET Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.30. This represents a change of 32.72% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of POET Technologies Inc. over the last ten years is 7.26. The current 2.30 Current Ratio has changed 3.07% with respect to the historical average. Over the past ten years (40 quarters), POET's Current Ratio was at its highest in in the March 2016 quarter at 45.16. The Current Ratio was at its lowest in in the December 2024 quarter at 1.15.
Average
7.26
Median
3.32
Minimum
1.15
Maximum
28.25
Discovering the peaks and valleys of POET Technologies 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 = 715.18%
Maximum Annual Current Ratio = 28.25
Minimum Annual Increase = -77.87%
Minimum Annual Current Ratio = 1.15
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.15 | -8.15% |
| 2023 | 1.25 | -50.15% |
| 2022 | 2.51 | -77.87% |
| 2021 | 11.33 | 715.18% |
| 2020 | 1.39 | -66.36% |
| 2019 | 4.13 | 82.30% |
| 2018 | 2.27 | -76.90% |
| 2017 | 9.81 | -7.01% |
| 2016 | 10.55 | -62.66% |
| 2015 | 28.25 | 10.67% |
The current Current Ratio of POET Technologies Inc. (POET) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.63
5-year avg
3.52
10-year avg
7.26
POET Technologies Inc.’s Current Ratio is less than Wolfspeed, Inc. (7.73), greater than Arteris, Inc. (0.91), less than Ambiq Micro, Inc. (13.04), greater than Sprout Social, Inc. (0.89), less than Arqit Quantum Inc. (2.45), greater than Backblaze, Inc. (1.10), less than CEVA, Inc. (8.58), greater than Domo, Inc. (0.49), greater than Canaan Inc. (1.78), greater than Paysafe Limited (1.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 7.73 | $589.05M | |
| 0.91 | $730.83M | |
| 13.04 | $512.59M | |
| 0.89 | $611.41M | |
| 2.45 | $481.70M | |
| 1.10 | $280.32M | |
| 8.58 | $545.93M | |
| 0.49 | $458.48M | |
| 1.78 | $438.59M | |
| 1.20 | $481.95M |
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