SFTGQ
Price:
$0.0001
Market Cap:
$1.70K
Shift Technologies, Inc., together with its subsidiaries, provides an ecommerce platform for buying and selling used cars in the United States. The company operates in two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform; and provides financing and vehicle protection products. The company also provides value-added products, such as vehicle service contracts, guaranteed asset protection waiver coverage, wheel and tire coverage, prepaid maintenance plans, and appearance protection plans. In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler. The company was founded in 2013 and is headqu...[Read more]
Industry
Auto - Dealerships
IPO Date
2023-10-10
Stock Exchange
OTC
Ticker
SFTGQ
According to Shift Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.87. This represents a change of 25.49% compared to the average of 1.49 of the last 4 quarters.
The mean historical Current Ratio of Shift Technologies, Inc. over the last ten years is 2.70. The current 1.87 Current Ratio has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), SFTGQ's Current Ratio was at its highest in in the September 2021 quarter at 3.50. The Current Ratio was at its lowest in in the September 2022 quarter at 1.28.
Average
2.70
Median
2.34
Minimum
0.24
Maximum
6.34
Discovering the peaks and valleys of Shift 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 = 999.04%
Maximum Annual Current Ratio = 6.34
Minimum Annual Increase = -63.13%
Minimum Annual Current Ratio = 0.24
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 1.87 | -19.96% |
| 2021 | 2.34 | -63.13% |
| 2020 | 6.34 | 136.04% |
| 2019 | 2.69 | 999.04% |
The current Current Ratio of Shift Technologies, Inc. (SFTGQ) 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
3.52
5-year avg
2.70
10-year avg
2.70
Shift Technologies, Inc.’s Current Ratio is greater than Amergent Hospitality Group, Inc. (0.09), greater than Life Clips, Inc. (0.03), less than Fovea Jewelry Holdings, Ltd (10.66), less than Destination Maternity Corporation (0), greater than Express, Inc. (0.82), less than China Auto Logistics Inc. (0), less than New Dover Capital Corp. (0), less than Ultimate Sports Entertainment, Inc. (0), greater than Applied UV, Inc. (0.61), greater than Petrone Worldwide, Inc. (0.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.09 | $1.68K | |
| 0.03 | $1.79K | |
| 10.66 | $1.62K | |
| 0 | $2.13K | |
| 0.82 | $749.00 | |
| 0 | $48.00 | |
| 0 | $892.00 | |
| 0 | $1.04K | |
| 0.61 | $467.00 | |
| 0.04 | $506.00 |
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