SMIT
Price:
$0.0277
Market Cap:
$107.26K
Schmitt Industries, Inc., identified by its stock symbol SMIT, operates globally through its subsidiaries, focusing on the development, manufacturing, and sale of diverse test and measurement solutions. Established in 1984, the company's main corporate office is situated in Portland, Oregon. The organization's operations are divided into two distinct divisions: Measurement and Ice Cream. The Measurement division specializes in designing, producing, and marketing advanced laser and confocal chromatic white light sensors under the Acuity brand. These precision instruments are engineered for tasks such as distance measurement and dimensional sizing, serving a wide array of industrial applicatio...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
1995-01-30
Stock Exchange
OTC
Ticker
SMIT
According to Schmitt Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of -47.61% compared to the average of 1.31 of the last 4 quarters.
The mean historical Current Ratio of Schmitt Industries, Inc. over the last ten years is 5.10. The current 0.69 Current Ratio has changed 1.25% with respect to the historical average. Over the past ten years (40 quarters), SMIT's Current Ratio was at its highest in in the November 2019 quarter at 12.09. The Current Ratio was at its lowest in in the May 2022 quarter at 0.69.
Average
5.10
Median
5.67
Minimum
0.69
Maximum
9.37
Discovering the peaks and valleys of Schmitt Industries, 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 = 52.28%
Maximum Annual Current Ratio = 9.37
Minimum Annual Increase = -81.49%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.69 | -60.39% |
| 2021 | 1.74 | -81.49% |
| 2020 | 9.37 | 46.34% |
| 2019 | 6.41 | 13.20% |
| 2018 | 5.66 | 52.28% |
| 2017 | 3.72 | -23.84% |
| 2016 | 4.88 | -14.04% |
| 2015 | 5.68 | -20.89% |
| 2014 | 7.17 | 25.36% |
| 2013 | 5.72 | -6.96% |
The current Current Ratio of Schmitt Industries, Inc. (SMIT) 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
3.93
5-year avg
4.77
10-year avg
5.10
Schmitt Industries, Inc.’s Current Ratio is less than China Sun Group High-Tech Co. (14.64), greater than Corporate Universe, Inc. (0.19), less than eFotoXpress, Inc. (0), less than Voyager Digital Ltd. (1.06), greater than Movella Holdings Inc. (0.02), less than Splitit Payments Ltd (20.02), less than Cyber Operations, Inc. (0), greater than Xalles Holdings Inc. (0.08), less than Perk Labs Inc. (1.75), greater than Clean Energy Pathways, Inc. (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 14.64 | $562.00 | |
| 0.19 | $62.51K | |
| 0 | $1.14K | |
| 1.06 | $28.64K | |
| 0.02 | $25.45K | |
| 20.02 | $55.34K | |
| 0 | $240.00 | |
| 0.08 | $15.30K | |
| 1.75 | $49.78K | |
| 0.01 | $18.72K |
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