Drone Delivery Canada Corp.

Drone Delivery Canada Corp.verified

FLT.V

Price:

$0.195

Market Cap:

$87.47M

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote comm...[Read more]

Industry

Computer Hardware

IPO Date

2018-01-02

Stock Exchange

TSXV

Ticker

FLT.V

The Current Ratio as of September 2024 (TTM) for Drone Delivery Canada Corp. (FLT.V) is 4.25

According to Drone Delivery Canada Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 4.25. This represents a change of -40.59% compared to the average of 7.16 of the last 4 quarters.

Drone Delivery Canada Corp. (FLT.V) Historical Current Ratio (quarterly & annually)

How has FLT.V Current Ratio performed in the past?

The mean historical Current Ratio of Drone Delivery Canada Corp. over the last ten years is 9.84. The current 4.25 Current Ratio has changed 4.22% with respect to the historical average. Over the past ten years (40 quarters), FLT.V's Current Ratio was at its highest in in the September 2017 quarter at 60.51. The Current Ratio was at its lowest in in the March 2016 quarter at 1.81.

Quarterly (TTM)
Annual

Average

9.84

Median

8.34

Minimum

2.14

Maximum

22.38

Drone Delivery Canada Corp. (FLT.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Drone Delivery Canada 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 = 429.82%

Maximum Annual Current Ratio = 22.38

Minimum Annual Increase = -67.72%

Minimum Annual Current Ratio = 2.14

Quarterly (TTM)
Annual
YearCurrent RatioChange
20239.02-32.64%
202213.39-7.76%
202114.5214.55%
202012.6765.25%
20197.676.15%
20187.22-67.72%
201722.38429.82%
20164.2296.93%
20152.14-58.67%
20145.19-53.13%

Drone Delivery Canada Corp. (FLT.V) Average Current Ratio

How has FLT.V Current Ratio performed in the past?

The current Current Ratio of Drone Delivery Canada Corp. (FLT.V) 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

12.31

5-year avg

11.45

10-year avg

9.84

Drone Delivery Canada Corp. (FLT.V) Current Ratio vs. Peers

How is FLT.V’s Current Ratio compared to its peers?

Drone Delivery Canada Corp.’s Current Ratio is greater than CloudMD Software & Services Inc. (0.77), less than HIVE Blockchain Technologies Ltd. (7.35), greater than WELL Health Technologies Corp. (1.25), greater than Cineplex Inc. (0.36), greater than BlackBerry Limited (1.43),

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