SLBG
Price:
$0.9371
Market Cap:
$323.29K
Slinger Bag Inc. operates in the sporting and athletic goods business in the United States and Brazil. The company owns Slinger Launcher, a portable tennis ball launcher, as well as other related tennis accessories. Its Slinger Launcher allows anyone to control the speed, frequency, and elevation of balls that are launched for practice, training, or fitness purposes. Slinger Bag Inc. is based in Windsor Mill, Maryland.
Industry
Leisure
IPO Date
2020-01-17
Stock Exchange
OTC
Ticker
SLBG
According to Slinger Bag Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.54. This represents a change of 7.10% compared to the average of 3.30 of the last 4 quarters.
The mean historical Current Ratio of Slinger Bag Inc. over the last ten years is 2.10. The current 3.54 Current Ratio has changed 16.73% with respect to the historical average. Over the past ten years (40 quarters), SLBG's Current Ratio was at its highest in in the January 2018 quarter at 20.13. The Current Ratio was at its lowest in in the July 2016 quarter at 0.
Average
2.10
Median
0.98
Minimum
0.21
Maximum
6.67
Discovering the peaks and valleys of Slinger Bag 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 = 677.11%
Maximum Annual Current Ratio = 6.67
Minimum Annual Increase = -96.50%
Minimum Annual Current Ratio = 0.21
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.45 | 111.54% |
| 2024 | 1.63 | 677.11% |
| 2023 | 0.21 | -36.17% |
| 2022 | 0.33 | 42.22% |
| 2021 | 0.23 | -24.83% |
| 2020 | 0.31 | 31.95% |
| 2019 | 0.23 | -96.50% |
| 2018 | 6.67 | 180.44% |
| 2017 | 2.38 | -57.38% |
The current Current Ratio of Slinger Bag Inc. (SLBG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.76
5-year avg
1.17
10-year avg
2.10
Slinger Bag Inc.’s Current Ratio is less than Solo Brands, Inc. (3.62), greater than Gfinity plc (0.64), greater than Alpha Network Alliance Ventures Inc. (0.02), greater than STS Group AG (1.01), less than Kingsway Financial Services Inc. (319.32), greater than Tai Ping Carpets International Limited (1.54), less than FrankSpeech Network, Inc. (0), greater than Indigo Books & Music Inc. (1.01), less than Lordstown Motors Corp. (49.76), greater than The Character Group plc (2.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.62 | $31.33M | |
| 0.64 | $45.03M | |
| 0.02 | $40.03M | |
| 1.01 | $38.71M | |
| 319.32 | $38.42M | |
| 1.54 | $42.44M | |
| 0 | $48.75M | |
| 1.01 | $50.35M | |
| 49.76 | $27.28M | |
| 2.87 | $57.79M |
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What is the 5-year average Current Ratio for Slinger Bag Inc. (SLBG)?
How does the current Current Ratio for Slinger Bag Inc. (SLBG) compare to its historical average?