SCTQ
Price:
$2.13
Market Cap:
$120.77M
Spectra Systems Corporation, founded in 1996 and headquartered in Providence, Rhode Island, specializes in the innovation, development, and global distribution of integrated optical systems. The company, which was formerly known as Spectra Science Corporation until its rebranding in June 2001, manages its operations through three distinct divisions: Authentication Systems, Secure Transactions, and Banknote Cleaning. Its Authentication Systems segment delivers comprehensive solutions, including a blend of unique taggant materials and sophisticated sensor technology, vital for the verification of banknotes used by central banks, and contributes to passport security for G7 nations. This divisio...[Read more]
Industry
Software - Application
IPO Date
2019-05-21
Stock Exchange
OTC
Ticker
SCTQ
According to Spectra Systems Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.27. This represents a change of 10.10% compared to the average of 2.06 of the last 4 quarters.
The mean historical Current Ratio of Spectra Systems Corporation over the last ten years is 5.17. The current 2.27 Current Ratio has changed 4.29% with respect to the historical average. Over the past ten years (40 quarters), SCTQ's Current Ratio was at its highest in in the December 2018 quarter at 9.59. The Current Ratio was at its lowest in in the September 2012 quarter at 0.
Average
5.17
Median
5.38
Minimum
1.97
Maximum
9.59
Discovering the peaks and valleys of Spectra 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 = 63.20%
Maximum Annual Current Ratio = 9.59
Minimum Annual Increase = -43.73%
Minimum Annual Current Ratio = 1.97
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.02 | 2.45% |
| 2023 | 1.97 | -43.73% |
| 2022 | 3.50 | -40.24% |
| 2021 | 5.86 | -7.87% |
| 2020 | 6.36 | -14.14% |
| 2019 | 7.41 | -22.75% |
| 2018 | 9.59 | 63.20% |
| 2017 | 5.88 | 20.23% |
| 2016 | 4.89 | 17.41% |
| 2015 | 4.16 | 7.14% |
The current Current Ratio of Spectra Systems Corporation (SCTQ) 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
2.50
5-year avg
3.94
10-year avg
5.17
Spectra Systems Corporation’s Current Ratio is less than Xaar plc (2.55), greater than Allied Telesis Holdings K.K. (1.56), greater than Firstwave Cloud Technology Limited (0.43), less than Information Planning Co. Ltd. (3.63), less than FingerTango Inc. (5.29), less than TrueContext Corporation (0), greater than Startech Labs, Inc. (0), greater than Abra Information Technologies Ltd. (1.56), greater than Net One Systems Co., Ltd. (2.21), greater than ikeGPS Group Limited (1.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.55 | $72.20M | |
| 1.56 | $91.47M | |
| 0.43 | $102.81M | |
| 3.63 | $86.97M | |
| 5.29 | $23.21M | |
| 0 | $101.21M | |
| 0 | $103.10M | |
| 1.56 | $90.83M | |
| 2.21 | $79.36M | |
| 1.63 | $88.52M |
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