TNBI
Price:
$0.02
Market Cap:
$422.50K
Tanke Biosciences Corporation (TNBI) is a company dedicated to the development, production, and sale of a diverse portfolio of animal nutrition and feed additive products through its various subsidiaries. The company organizes its business into four distinct categories: organic trace mineral additives, functional regulation additives, herbal medicinal additives, and other related offerings. Among its product lineup, Tanke Biosciences provides organic trace mineral additives marketed under the Qili brand. It also produces Qilicid feed acidifiers, which are crucial for preventing microbial spoilage of raw ingredients and finished animal feeds. The company's offerings further include various se...[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 0.03. This represents a change of -43.27% 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 0.78. The current 0.03 Current Ratio has changed 252.05% 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 June 2008 quarter at 0.
Average
0.78
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 |
|---|---|---|
| 2025 | 0.02 | Infinity% |
| 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
0.01
5-year avg
0.10
10-year avg
0.78
Tanke Biosciences Corporation’s Current Ratio is less than New Infinity Holdings, Ltd. (1.77), greater than Alternative Investment Corporation (0.00), greater than Livechain Inc. (0), less than Qian Yuan Baixing, Inc. (1.96), less than Tracker Financial Group Ltd (0), greater than Kure Technologies, Inc. (0.01), greater than New Generation Consumer Group, Inc. (0.01), greater than Innovative Holdings Alliance, Inc. (0.01), less than Chilco River Holdings, Inc. (4.43), less than Mapath Capital Corp. (0.66),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.77 | $9.28M | |
| 0.00 | $440.47K | |
| 0 | $853.40K | |
| 1.96 | $559.01K | |
| 0 | $850.54K | |
| 0.01 | $1.62K | |
| 0.01 | $71.47K | |
| 0.01 | $1.53M | |
| 4.43 | $1.20M | |
| 0.66 | $13.06K |
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