Therma Bright Inc.

Therma Bright Inc.verified

THRM.V

Price:

$0.025

Market Cap:

$11.29M

Therma Bright Inc. engages in the development and sale of rapid COVID testing products, medical devices for pain management, devices to improve circulation, and devices for the cosmeceutical industry. The company's products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical heat without the risk of burning the skin; Benepod, a hot and cold contrast therapy device for pain relief without pain relieving medication; Venowave, a medical compression pump designed to treat and alleviate the symptoms associated with poor circulation; and TherOZap, a thermal therapy insect device that reduces the in...[Read more]

Industry

Medical - Devices

IPO Date

2001-07-11

Stock Exchange

TSXV

Ticker

THRM.V

The Current Ratio as of December 2024 (TTM) for Therma Bright Inc. (THRM.V) is 0.21

According to Therma Bright Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.21. This represents a change of 46.45% compared to the average of 0.14 of the last 4 quarters.

Therma Bright Inc. (THRM.V) Historical Current Ratio (quarterly & annually)

How has THRM.V Current Ratio performed in the past?

The mean historical Current Ratio of Therma Bright Inc. over the last ten years is 0.85. The current 0.21 Current Ratio has changed 2.36% with respect to the historical average. Over the past ten years (40 quarters), THRM.V's Current Ratio was at its highest in in the April 2021 quarter at 6.11. The Current Ratio was at its lowest in in the July 2016 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.85

Median

0.21

Minimum

0.00

Maximum

3.08

Therma Bright Inc. (THRM.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Therma Bright 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 = 160.98%

Maximum Annual Current Ratio = 3.08

Minimum Annual Increase = -96.73%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.210.73%
20230.21-93.24%
20223.0839.91%
20212.2076.79%
20201.25981.93%
20190.12-91.09%
20181.29603.66%
20170.18160.98%
20160.00-61.82%
20150.00-96.73%

Therma Bright Inc. (THRM.V) Average Current Ratio

How has THRM.V Current Ratio performed in the past?

The current Current Ratio of Therma Bright Inc. (THRM.V) 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

1.17

5-year avg

1.39

10-year avg

0.85

Therma Bright Inc. (THRM.V) Current Ratio vs. Peers

How is THRM.V’s Current Ratio compared to its peers?

Therma Bright Inc.’s Current Ratio is less than Solar Alliance Energy Inc. (0.35), less than Braille Energy Systems Inc. (1.02), greater than MedMira Inc. (0.18), less than Lite Access Technologies Inc. (0.70), less than Manganese X Energy Corp. (12.90),

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