Cannabix Technologies Inc.

Cannabix Technologies Inc.verified

BLO.CN

Price:

$0.42

Market Cap:

$48.36M

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 November 2024 (TTM) for Cannabix Technologies Inc. (BLO.CN) is 17.87

According to Cannabix Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 17.87. This represents a change of -36.82% compared to the average of 28.29 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 17.87 Current Ratio has changed 1.71% 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),

Build a custom stock screener for Cannabix Technologies Inc. (BLO.CN) 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 Cannabix Technologies 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.

Cannabix Technologies Inc. (BLO.CN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Cannabix Technologies 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 Cannabix Technologies Inc.'s Current Ratio?

How is the Current Ratio calculated for Cannabix Technologies Inc. (BLO.CN)?

What is the highest Current Ratio for Cannabix Technologies Inc. (BLO.CN)?

What is the 3-year average Current Ratio for Cannabix Technologies Inc. (BLO.CN)?

What is the 5-year average Current Ratio for Cannabix Technologies Inc. (BLO.CN)?

How does the current Current Ratio for Cannabix Technologies Inc. (BLO.CN) compare to its historical average?