POSAF
Price:
$0.058
Market Cap:
$9.41M
POSaBIT Systems Corporation operates as a financial technology (FinTech) firm, specializing in delivering blockchain-powered payment processing and point-of-sale (POS) solutions. These systems are primarily designed for businesses that rely solely on cash transactions, with a particular focus on serving the legal cannabis sector across the United States. The company's central operations are based in Kirkland, Washington.
Industry
Information Technology Services
IPO Date
2022-03-14
Stock Exchange
OTC
Ticker
POSAF
According to POSaBIT Systems Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.97. This represents a change of 9.06% compared to the average of 2.72 of the last 4 quarters.
The mean historical Current Ratio of POSaBIT Systems Corporation over the last ten years is 2.23K. The current 2.97 Current Ratio has changed -86.73% with respect to the historical average. Over the past ten years (40 quarters), POSAF's Current Ratio was at its highest in in the October 2018 quarter at 15.82K. The Current Ratio was at its lowest in in the October 2017 quarter at 0.
Average
2.23K
Median
1.61
Minimum
0.37
Maximum
21.02K
Discovering the peaks and valleys of POSaBIT Systems Corporation 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 = 236.09%
Maximum Annual Current Ratio = 21.02K
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0.37
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.12 | 100.09% |
| 2024 | 1.56 | -5.46% |
| 2023 | 1.65 | -37.72% |
| 2022 | 2.65 | 105.75% |
| 2021 | 1.29 | 114.98% |
| 2020 | 0.60 | 62.84% |
| 2019 | 0.37 | -100.00% |
| 2018 | 21.02K | 1.50% |
| 2017 | 1.32K | 236.09% |
The current Current Ratio of POSaBIT Systems Corporation (POSAF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.11
5-year avg
2.05
10-year avg
2.23K
POSaBIT Systems Corporation’s Current Ratio is greater than CMTSU Liquidation, Inc. (1.96), greater than Dragon Capital Group, Corp. (0.80), greater than Hapbee Technologies, Inc. (0.62), greater than US Nuclear Corp. (0.88), less than Scientific Industries, Inc. (6.22), greater than Elcom International Inc. (0.65), less than Cytta Corp. (3.85), greater than Edgewater Wireless Systems Inc. (0.32), less than OSL Group Limited (3.16), greater than AppYea, Inc. (0.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.96 | $8.16K | |
| 0.80 | $7.37M | |
| 0.62 | $7.90M | |
| 0.88 | $2.46M | |
| 6.22 | $8.89M | |
| 0.65 | $17.57M | |
| 3.85 | $9.60M | |
| 0.32 | $6.82M | |
| 3.16 | $1.35B | |
| 0.10 | $6.92M |
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