TMGEF
Price:
$0.1101
Market Cap:
$25.64M
Headquartered in Ottawa, Canada, Thermal Energy International Inc. was established in 1991. The company specializes in the design, engineering, and provision of environmental control products, sophisticated heat recovery systems, and effective condensate return solutions. Its operations extend across North America, Europe, and international markets. The firm offers a wide array of products, including GEM steam traps; FLU-ACE, a direct-contact condensing heat recovery system specifically engineered to reclaim wasted heat from boiler flue gas exhaust; DRY-REX, a low-temperature biomass drying system; various indirect contact heat recovery apparatus; boiler economizers sold under the HeatSponge...[Read more]
Industry
Industrial - Pollution & Treatment Controls
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
TMGEF
According to Thermal Energy International Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.47. This represents a change of 6.90% compared to the average of 1.37 of the last 4 quarters.
The mean historical Current Ratio of Thermal Energy International Inc. over the last ten years is 1.45. The current 1.47 Current Ratio has changed 10.04% with respect to the historical average. Over the past ten years (40 quarters), TMGEF's Current Ratio was at its highest in in the February 2021 quarter at 1.95. The Current Ratio was at its lowest in in the February 2019 quarter at 0.83.
Average
1.45
Median
1.36
Minimum
1.30
Maximum
1.80
Discovering the peaks and valleys of Thermal Energy International 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 = 16.22%
Maximum Annual Current Ratio = 1.80
Minimum Annual Increase = -16.65%
Minimum Annual Current Ratio = 1.30
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.32 | -0.67% |
| 2024 | 1.33 | -3.75% |
| 2023 | 1.38 | -16.65% |
| 2022 | 1.66 | -7.94% |
| 2021 | 1.80 | 15.77% |
| 2020 | 1.55 | 15.86% |
| 2019 | 1.34 | -7.04% |
| 2018 | 1.44 | 11.04% |
| 2017 | 1.30 | -3.21% |
| 2016 | 1.34 | 16.22% |
The current Current Ratio of Thermal Energy International Inc. (TMGEF) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.34
5-year avg
1.50
10-year avg
1.45
Thermal Energy International Inc.’s Current Ratio is greater than Orbit International Corp. (1.43), less than OPT-Sciences Corporation (25.19), greater than Labor Smart, Inc. (0.77), less than China TMK Battery Systems Inc. (1.49), greater than Legend Power Systems Inc. (1.22), greater than TurnOnGreen, Inc (0.26), less than Questor Technology Inc. (3.01), less than Next10, Inc. (18.25), greater than Trustcash Holdings, Inc. (0.20), greater than KLM Royal Dutch Airlines (0.50),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.43 | $18.06M | |
| 25.19 | $17.64M | |
| 0.77 | $2.14M | |
| 1.49 | $47.20M | |
| 1.22 | $14.00M | |
| 0.26 | $5.06M | |
| 3.01 | $5.55M | |
| 18.25 | $23.09M | |
| 0.20 | $144.75K | |
| 0.50 | $37.45K |
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