TNBI
Price:
$0.04
Market Cap:
$845.00K
Tanke Biosciences Corporation, through its subsidiaries, develops, produces, markets, and sells animal nutrition and feed additive products. It operates in four segments: Organic Trace Mineral Additives, Functional Regulation Additives, Herbal Medicinal Additives, and Other. The company offers organic trace mineral additives under the Qili brand name; feed acidifiers, which are used to prevent microbial degradation of raw materials or finished feeds under the Qilicid name; seasonings; flavor enhancers that are used as the agent in the production of blended feed under the Tankeball name; and herbal medicinal additives blended with feed products under the Extra-Health, Qilimix, and Recoccider ...[Read more]
Industry
Shell Companies
IPO Date
2012-05-11
Stock Exchange
OTC
Ticker
TNBI
According to Tanke Biosciences Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.10. This represents a change of 83.96% compared to the average of 0.05 of the last 4 quarters.
The mean historical Current Ratio of Tanke Biosciences Corporation over the last ten years is 0.77. The current 0.10 Current Ratio has changed 1.14% with respect to the historical average. Over the past ten years (40 quarters), TNBI's Current Ratio was at its highest in in the June 2011 quarter at 6.50. The Current Ratio was at its lowest in in the March 2008 quarter at 0.
Average
0.77
Median
0.03
Minimum
0
Maximum
5.33
Discovering the peaks and valleys of Tanke Biosciences Corporation 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 = 0%
Maximum Annual Current Ratio = 5.33
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0 | -100.00% |
| 2023 | 0.02 | -78.98% |
| 2022 | 0.08 | -81.25% |
| 2021 | 0.41 | -77.89% |
| 2012 | 1.85 | -65.33% |
| 2011 | 5.33 | Infinity% |
| 2010 | 0 | 0% |
| 2009 | 0 | -100.00% |
| 2008 | 0.04 | Infinity% |
The current Current Ratio of Tanke Biosciences Corporation (TNBI) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.03
5-year avg
0.47
10-year avg
0.77
Tanke Biosciences Corporation’s Current Ratio is less than New Infinity Holdings, Ltd. (1.11), greater than Alternative Investment Corporation (0.00), greater than Livechain Inc. (0.01), less than Qian Yuan Baixing, Inc. (1.71), less than Tracker Financial Group Ltd (0), greater than Kure Technologies, Inc. (0.01), greater than New Generation Consumer Group, Inc. (0.04), greater than Innovative Holdings Alliance, Inc. (0.01), less than Chilco River Holdings, Inc. (7.91), greater than Mapath Capital Corp. (0.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.11 | $2.16M | |
| 0.00 | $440.47K | |
| 0.01 | $1.37M | |
| 1.71 | $522.36K | |
| 0 | $900.15K | |
| 0.01 | $950.81K | |
| 0.04 | $714.67K | |
| 0.01 | $1.00M | |
| 7.91 | $3.12M | |
| 0.05 | $522.49K |
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