SPRQF
Price:
$0.4554
Market Cap:
$73.73M
SPARQ Corp. designs, manufactures, and sells single-phase microinverters for residential and commercial solar electric applications. It offers Quad inverters, a proprietary photovoltaic solution. The company was founded in 2009 and is headquartered in Kingston, Canada.
Industry
Solar
IPO Date
2022-08-22
Stock Exchange
OTC
Ticker
SPRQF
According to SPARQ Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 14.72. This represents a change of -39.50% compared to the average of 24.33 of the last 4 quarters.
The mean historical Current Ratio of SPARQ Corp. over the last ten years is 13.59. The current 14.72 Current Ratio has changed 10.73% with respect to the historical average. Over the past ten years (40 quarters), SPRQF's Current Ratio was at its highest in in the June 2022 quarter at 40.75. The Current Ratio was at its lowest in in the March 2024 quarter at 1.22.
Average
13.59
Median
8.45
Minimum
1.33
Maximum
33.57
Discovering the peaks and valleys of SPARQ Corp. 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 = 1.88%
Maximum Annual Current Ratio = 33.57
Minimum Annual Increase = -78.52%
Minimum Annual Current Ratio = 1.33
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 33.57 | 1.88% |
| 2023 | 1.70 | -78.52% |
| 2022 | 7.91 | -53.11% |
| 2021 | 16.87 | -33.26% |
| 2020 | 25.28 | 198.96% |
| 2019 | 8.45 | 533.59% |
The current Current Ratio of SPARQ Corp. (SPRQF) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
14.39
5-year avg
17.07
10-year avg
13.59
SPARQ Corp.’s Current Ratio is greater than China Shuifa Singyes Energy Holdings Limited (1.15), greater than Peninsula Energy Limited (0.81), greater than AKITA Drilling Ltd. (2.05), greater than Feishang Anthracite Resources Limited (0.05), greater than Western Energy Services Corp. (1.54), greater than Givot Olam Oil Exploration-Limited Partnership(1993) (0.01), greater than Africa Energy Corp. (13.74), greater than Canacol Energy Ltd (0.57), greater than TerraCom Limited (0.65), greater than ClearVue Technologies Limited (1.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.15 | $75.63M | |
| 0.81 | $143.36M | |
| 2.05 | $56.23M | |
| 0.05 | $19.47M | |
| 1.54 | $50.09M | |
| 0.01 | $14.12M | |
| 13.74 | $41.69M | |
| 0.57 | $36.17M | |
| 0.65 | $56.07M | |
| 1.94 | $27.63M |
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