Delta 9 Cannabis Inc.

Delta 9 Cannabis Inc.verified

DN.TO

Price:

$0.005

Market Cap:

$1.51M

Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, decontamination pods, and dried sift cannabis, as well as oils, and extracted and derivative products. The company also offers grow pods and live plants to other licensed and pre-licensed companies. In addition, it operates as a medical clinic that provides physician consultation services to patients seeking a medical recommendation for a cannabis prescription. As of April 20...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2017-11-06

Stock Exchange

TSX

Ticker

DN.TO

The Current Ratio as of October 2024 (TTM) for Delta 9 Cannabis Inc. (DN.TO) is 0.30

According to Delta 9 Cannabis Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.30. This represents a change of -32.76% compared to the average of 0.44 of the last 4 quarters.

Delta 9 Cannabis Inc. (DN.TO) Historical Current Ratio (quarterly & annually)

How has DN.TO Current Ratio performed in the past?

The mean historical Current Ratio of Delta 9 Cannabis Inc. over the last ten years is 6.26. The current 0.30 Current Ratio has changed 372.36% with respect to the historical average. Over the past ten years (40 quarters), DN.TO's Current Ratio was at its highest in in the December 2017 quarter at 43.98. The Current Ratio was at its lowest in in the December 2015 quarter at 0.02.

Quarterly (TTM)
Annual

Average

6.26

Median

0.64

Minimum

0.02

Maximum

51.65

Delta 9 Cannabis Inc. (DN.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Delta 9 Cannabis 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 = 52.56%

Maximum Annual Current Ratio = 51.65

Minimum Annual Increase = -91.13%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.40-23.14%
20220.52-32.44%
20210.76-63.04%
20202.06-15.93%
20192.45-46.48%
20184.58-91.13%
201751.6552.56%
20170.10256.02%
20160.0316.47%
20150.02-85.61%

Delta 9 Cannabis Inc. (DN.TO) Average Current Ratio

How has DN.TO Current Ratio performed in the past?

The current Current Ratio of Delta 9 Cannabis Inc. (DN.TO) 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

0.56

5-year avg

1.24

10-year avg

6.26

Delta 9 Cannabis Inc. (DN.TO) Current Ratio vs. Peers

How is DN.TO’s Current Ratio compared to its peers?

Delta 9 Cannabis Inc.’s Current Ratio is less than Aleafia Health Inc. (1.01), less than Fire & Flower Holdings Corp. (0.75), less than MediPharm Labs Corp. (3.11), less than OrganiGram Holdings Inc. (4.29), less than Auxly Cannabis Group Inc. (0.80),

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