Franklin Wireless Corp.

Franklin Wireless Corp.verified

FKWL

Price:

$4.25

Market Cap:

$50.08M

Franklin Wireless Corp. provides intelligent wireless solutions. The company's products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT). It offers M2M and IoT solutions that include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications based on 5G/4G wireless technology. The company directly markets its products to wireless operators, as well as indirectly through strategic partners and distributors located primarily in the North America, the Caribbean and South America, and Asia. Franklin Wireless ...[Read more]

Industry

Communication Equipment

IPO Date

2007-08-03

Stock Exchange

NASDAQ

Ticker

FKWL

The Current Ratio as of November 2024 (TTM) for Franklin Wireless Corp. (FKWL) is 3.45

According to Franklin Wireless Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 3.45. This represents a change of -12.20% compared to the average of 3.93 of the last 4 quarters.

Franklin Wireless Corp. (FKWL) Historical Current Ratio (quarterly & annually)

How has FKWL Current Ratio performed in the past?

The mean historical Current Ratio of Franklin Wireless Corp. over the last ten years is 3.15. The current 3.45 Current Ratio has changed 10.88% with respect to the historical average. Over the past ten years (40 quarters), FKWL's Current Ratio was at its highest in in the September 2021 quarter at 9.47. The Current Ratio was at its lowest in in the June 2020 quarter at 1.43.

Quarterly (TTM)
Annual

Average

3.15

Median

2.79

Minimum

1.43

Maximum

5.21

Franklin Wireless Corp. (FKWL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Franklin Wireless 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 = 244.06%

Maximum Annual Current Ratio = 5.21

Minimum Annual Increase = -50.65%

Minimum Annual Current Ratio = 1.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.4340.95%
20233.14-39.77%
20225.216.08%
20214.92244.06%
20201.43-50.65%
20192.897.82%
20182.6822.60%
20172.195.14%
20162.08-16.66%
20152.50-3.25%

Franklin Wireless Corp. (FKWL) Average Current Ratio

How has FKWL Current Ratio performed in the past?

The current Current Ratio of Franklin Wireless Corp. (FKWL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

4.26

5-year avg

3.83

10-year avg

3.15

Franklin Wireless Corp. (FKWL) Current Ratio vs. Peers

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

Franklin Wireless Corp.’s Current Ratio is less than Wialan Technologies, Inc. (0), greater than TPT Global Tech, Inc. (0.00), greater than Moving iMage Technologies, Inc. (2.24), greater than Comtech Telecommunications Corp. (1.83), less than KVH Industries, Inc. (5.58), less than AmpliTech Group, Inc. (4.91), greater than Siyata Mobile Inc. (1.03), less than Optical Cable Corporation (4.18), greater than Iteris, Inc. (1.77), greater than Knowles Corporation (2.35), less than Electronic Systems Technology, Inc. (0), less than AdvanceTC Limited (30.24), greater than Metalert, Inc. (0.01), greater than Blonder Tongue Laboratories, Inc. (0.06), greater than null (0.72),

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