TWER
Price:
$0.025
Market Cap:
$9.86K
Towerstream Corporation, operating with its subsidiaries, delivers high-speed fixed wireless broadband connectivity to commercial clients throughout the United States. The company utilizes a proprietary wireless network that operates on both licensed and unlicensed radio frequencies to provide a comprehensive suite of internet solutions. These offerings include adaptable bandwidth-on-demand, critical wireless redundancy, secure virtual private networks (VPNs), robust disaster recovery capabilities, and integrated data and video services. Towerstream's business-grade internet options feature dedicated single-tenant solutions, where a radio receiver/transmitter is exclusively assigned to a cli...[Read more]
Industry
Telecommunications Services
IPO Date
2007-01-24
Stock Exchange
OTC
Ticker
TWER
According to Towerstream Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -9.32% compared to the average of 0.14 of the last 4 quarters.
The mean historical Current Ratio of Towerstream Corporation over the last ten years is 3.97. The current 0.13 Current Ratio has changed 217.60% with respect to the historical average. Over the past ten years (40 quarters), TWER's Current Ratio was at its highest in in the September 2011 quarter at 10.24. The Current Ratio was at its lowest in in the September 2018 quarter at 0.12.
Average
3.97
Median
3.74
Minimum
0.13
Maximum
7.86
Discovering the peaks and valleys of Towerstream 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 = 95.52%
Maximum Annual Current Ratio = 7.86
Minimum Annual Increase = -92.60%
Minimum Annual Current Ratio = 0.13
| Year | Current Ratio | Change |
|---|---|---|
| 2018 | 0.13 | -42.56% |
| 2017 | 0.22 | -92.60% |
| 2016 | 2.96 | 18.11% |
| 2015 | 2.51 | -67.62% |
| 2014 | 7.75 | 56.94% |
| 2013 | 4.94 | 95.52% |
| 2012 | 2.52 | -67.87% |
| 2011 | 7.86 | 25.71% |
| 2010 | 6.25 | 38.14% |
| 2009 | 4.52 | 5.81% |
The current Current Ratio of Towerstream Corporation (TWER) 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
1.10
5-year avg
2.71
10-year avg
3.97
Towerstream Corporation’s Current Ratio is less than Oi S.A. (0.59), less than Asia Global Crossing Ltd. (3.91), less than VoiceServe, Inc. (1.05), greater than Boatim Inc. (0.04), less than Piksel, Inc. (1.78), less than digitiliti, Inc. (0.20), greater than Network CN Inc. (0.04), less than COMSovereign Holding Corp. (0.43), greater than The Movie Studio, Inc. (0.01), less than Media Way Corp. (3.42),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.59 | $5.15K | |
| 3.91 | $685.00 | |
| 1.05 | $4.83K | |
| 0.04 | $6.04K | |
| 1.78 | $5.71K | |
| 0.20 | $6.73K | |
| 0.04 | $12.54K | |
| 0.43 | $4.31K | |
| 0.01 | $7.17K | |
| 3.42 | $14.88K |
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