Cannabix Technologies Inc.

Cannabix Technologies Inc.verified

BLO.CN

Price:

$0.45

Market Cap:

$51.81M

Cannabix Technologies Inc., a technology company, develops marijuana breathalyzer for employers, law enforcement, governments, and public in North America. It develops tetrahydrocannabinol breath analyzers, a point of care breath testing tool for the rapid detection of recent cannabis use, as well as breath collection units. The company was formerly known as West Point Resources Inc. and changed its name to Cannabix Technologies Inc. in August 2014. Cannabix Technologies Inc. was incorporated in 2011 and is based in Burnaby, Canada.[Read more]

Industry

Medical - Devices

IPO Date

2013-12-18

Stock Exchange

CNQ

Ticker

BLO.CN

The Current Ratio as of September 2024 (TTM) for Cannabix Technologies Inc. (BLO.CN) is 18.55

According to Cannabix Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 18.55. This represents a change of -39.61% compared to the average of 30.72 of the last 4 quarters.

Cannabix Technologies Inc. (BLO.CN) Historical Current Ratio (quarterly & annually)

How has BLO.CN Current Ratio performed in the past?

The mean historical Current Ratio of Cannabix Technologies Inc. over the last ten years is 98.94. The current 18.55 Current Ratio has changed 1.78% with respect to the historical average. Over the past ten years (40 quarters), BLO.CN's Current Ratio was at its highest in in the April 2016 quarter at 503.01. The Current Ratio was at its lowest in in the January 2015 quarter at 7.33.

Quarterly (TTM)
Annual

Average

98.94

Median

54.17

Minimum

18.53

Maximum

503.01

Cannabix Technologies Inc. (BLO.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cannabix Technologies 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 = 2.61%

Maximum Annual Current Ratio = 503.01

Minimum Annual Increase = -95.42%

Minimum Annual Current Ratio = 18.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
202418.55-36.44%
202329.19-58.61%
202270.53-43.70%
2021125.2834.81%
202092.9389.26%
201949.10-17.10%
201859.23156.85%
201723.06-95.42%
2016503.012.61%
201518.53433.03%

Cannabix Technologies Inc. (BLO.CN) Average Current Ratio

How has BLO.CN Current Ratio performed in the past?

The current Current Ratio of Cannabix Technologies Inc. (BLO.CN) 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

39.42

5-year avg

67.30

10-year avg

98.94

Cannabix Technologies Inc. (BLO.CN) Current Ratio vs. Peers

How is BLO.CN’s Current Ratio compared to its peers?

Cannabix Technologies Inc.’s Current Ratio is greater than THC Biomed Intl Ltd. (0), greater than The Tinley Beverage Company Inc. (0.35), greater than 1933 Industries Inc. (1.12), greater than FSD Pharma Inc. (2.34), greater than Naturally Splendid Enterprises Ltd. (0.48),

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