TRRPF
Price:
$0.3939
Market Cap:
$20.92M
Torrent Capital Ltd., an investment company and merchant bank, invests primarily in the securities of public and private companies. It also provides merchant banking services to select companies, as well as advisory services for corporate finance and capital markets. The company was formerly known as Metallum Resources Inc. and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.
Industry
Asset Management
IPO Date
2013-03-06
Stock Exchange
OTC
Ticker
TRRPF
According to Torrent Capital Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 92.36. This represents a change of 43.45% compared to the average of 64.39 of the last 4 quarters.
The mean historical Current Ratio of Torrent Capital Ltd. over the last ten years is 36.55. The current 92.36 Current Ratio has changed 25.17% with respect to the historical average. Over the past ten years (40 quarters), TRRPF's Current Ratio was at its highest in in the September 2022 quarter at 114.22. The Current Ratio was at its lowest in in the March 2021 quarter at 0.53.
Average
36.55
Median
32.43
Minimum
0.82
Maximum
89.13
Discovering the peaks and valleys of Torrent Capital Ltd. 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 = 2.30%
Maximum Annual Current Ratio = 89.13
Minimum Annual Increase = -88.82%
Minimum Annual Current Ratio = 0.82
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 60.40 | 46.44% |
| 2023 | 41.24 | -53.73% |
| 2022 | 89.13 | 50.23% |
| 2021 | 59.33 | 151.26% |
| 2020 | 23.61 | 2.30% |
| 2019 | 0.99 | 20.51% |
| 2018 | 0.82 | -88.30% |
| 2017 | 6.99 | -88.82% |
| 2016 | 62.55 | 206.83% |
| 2015 | 20.39 | -52.96% |
The current Current Ratio of Torrent Capital Ltd. (TRRPF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
63.59
5-year avg
54.74
10-year avg
36.55
Torrent Capital Ltd.’s Current Ratio is greater than Flow Capital Corp. (2.51), greater than Safeguard Scientifics, Inc. (5.56), greater than Blackhawk Growth Corp. (0.00), greater than Huntwicke Capital Group Inc. (0), greater than Regency Affiliates, Inc. (0.21), greater than Montfort Capital Corp. (1.21), greater than Community Investors Bancorp, Inc. (0.06), greater than Public Company Management Corp. (0.30), less than Elysee Development Corp. (2.03K), greater than Readen Holding Corp. (1.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.51 | $16.86M | |
| 5.56 | $12.38M | |
| 0.00 | $97.08K | |
| 0 | $15.82M | |
| 0.21 | $17.94M | |
| 1.21 | $131.23K | |
| 0.06 | $18.27M | |
| 0.30 | $16.80M | |
| 2.03K | $9.62M | |
| 1.12 | $12.23M |
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