Blue Biofuels, Inc.

Blue Biofuels, Inc.verified

BIOF

Price:

$0.12

Market Cap:

$36.38M

Blue Biofuels, Inc., through its subsidiaries, focuses on technologies in the renewable energy, biofuels, and bioplastics technologies sectors. The company develops Cellulose-to-Sugar (CTS 2.0), a mechanical/chemical dry process for converting cellulose material into sugar and lignin for use in the biofuels industry. It also has license for Vertimass Process to convert ethanol into bio-jet fuel. The company was formerly known as Alliance Bioenergy Plus, Inc. and changed its name to Blue Biofuels, Inc. in August 2021. Blue Biofuels, Inc. was incorporated in 2012 and is based in Palm Beach Gardens, Florida.[Read more]

Industry

Chemicals - Specialty

IPO Date

2014-02-05

Stock Exchange

PNK

Ticker

BIOF

The Current Ratio as of September 2024 (TTM) for Blue Biofuels, Inc. (BIOF) is 0.22

According to Blue Biofuels, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.22. This represents a change of 79.84% compared to the average of 0.12 of the last 4 quarters.

Blue Biofuels, Inc. (BIOF) Historical Current Ratio (quarterly & annually)

How has BIOF Current Ratio performed in the past?

The mean historical Current Ratio of Blue Biofuels, Inc. over the last ten years is 0.43. The current 0.22 Current Ratio has changed 5.10% with respect to the historical average. Over the past ten years (40 quarters), BIOF's Current Ratio was at its highest in in the March 2021 quarter at 5.54. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.43

Median

0.22

Minimum

0.02

Maximum

2.44

Blue Biofuels, Inc. (BIOF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Blue Biofuels, 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 = 1.50%

Maximum Annual Current Ratio = 2.44

Minimum Annual Increase = -87.21%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.05-87.21%
20220.40-83.62%
20212.44706.92%
20200.3010.51%
20190.271.50%
20180.02-86.59%
20170.13-36.00%
20160.20-10.31%
20150.22-2.58%
20140.23-50.12%

Blue Biofuels, Inc. (BIOF) Average Current Ratio

How has BIOF Current Ratio performed in the past?

The current Current Ratio of Blue Biofuels, Inc. (BIOF) 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

0.96

5-year avg

0.69

10-year avg

0.43

Blue Biofuels, Inc. (BIOF) Current Ratio vs. Peers

How is BIOF’s Current Ratio compared to its peers?

Blue Biofuels, Inc.’s Current Ratio is less than Asia Carbon Industries, Inc. (2.99), less than Akzo Nobel N.V. (1.10), less than AGC Inc. (1.47), less than Arkema S.A. (1.86), less than AirBoss of America Corp. (2.17), less than CarbonMeta Technologies, Inc. (0), greater than Avoca LLC (0.00), less than Nocopi Technologies, Inc. (15.19), less than REX American Resources Corporation (3.53), less than Gevo, Inc. (0), less than Axalta Coating Systems Ltd. (8.07), less than Avantor, Inc. (10.22), less than FutureFuel Corp. (2.26), less than Amyris, Inc. (1.59), less than Alto Ingredients, Inc. (5.54), less than Livent Corporation (0.52), less than Danimer Scientific, Inc. (3.09), less than Sociedad Química y Minera de Chile S.A. (3.46), less than null (4.52), less than null (2.19),

Build a custom stock screener for Blue Biofuels, Inc. (BIOF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Blue Biofuels, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Blue Biofuels, Inc. (BIOF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Blue Biofuels, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Blue Biofuels, Inc.'s Current Ratio?

How is the Current Ratio calculated for Blue Biofuels, Inc. (BIOF)?

What is the highest Current Ratio for Blue Biofuels, Inc. (BIOF)?

What is the 3-year average Current Ratio for Blue Biofuels, Inc. (BIOF)?

What is the 5-year average Current Ratio for Blue Biofuels, Inc. (BIOF)?

How does the current Current Ratio for Blue Biofuels, Inc. (BIOF) compare to its historical average?