1606 Corp.

1606 Corp.verified

CBDW

Price:

$0.0385

Market Cap:

$3.17M

1606 Corp., an AI chatbot company, specializes in merchandising chatbots for the cannabidiol industry. It offers ChatCBDW, a proprietary bot fully integrated to improve sales, educate audiences on products, and provide analytics on customer preferences and behavior and contributing to inventory management. The company was founded in 2019 and is headquartered in Phoenix, Arizona.[Read more]

Industry

Tobacco

IPO Date

2023-01-17

Stock Exchange

PNK

Ticker

CBDW

The Current Ratio as of September 2024 (TTM) for 1606 Corp. (CBDW) is 0.22

According to 1606 Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.22. This represents a change of 9.10% compared to the average of 0.20 of the last 4 quarters.

1606 Corp. (CBDW) Historical Current Ratio (quarterly & annually)

How has CBDW Current Ratio performed in the past?

The mean historical Current Ratio of 1606 Corp. over the last ten years is 0.98. The current 0.22 Current Ratio has changed 2.12% with respect to the historical average. Over the past ten years (40 quarters), CBDW's Current Ratio was at its highest in in the December 2022 quarter at 0.54. The Current Ratio was at its lowest in in the September 2023 quarter at 0.15.

Quarterly (TTM)
Annual

Average

0.98

Median

0.24

Minimum

0.18

Maximum

2.52

1606 Corp. (CBDW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of 1606 Corp. 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 = 1.27%

Maximum Annual Current Ratio = 2.52

Minimum Annual Increase = -90.41%

Minimum Annual Current Ratio = 0.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.24-90.41%
20222.521.27%

1606 Corp. (CBDW) Average Current Ratio

How has CBDW Current Ratio performed in the past?

The current Current Ratio of 1606 Corp. (CBDW) 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

0.98

5-year avg

0.98

10-year avg

0.98

1606 Corp. (CBDW) Current Ratio vs. Peers

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

1606 Corp.’s Current Ratio is

CompanyCurrent RatioMarket cap

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