FRZA
Price:
$0.23
Market Cap:
$3.63M
Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. The company was incorporated in 2021 and is based in Fort Pierce, Florida. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co.[Read more]
Industry
Auto - Recreational Vehicles
IPO Date
2022-08-12
Stock Exchange
NASDAQ
Ticker
FRZA
According to Forza X1, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 14.62. This represents a change of -57.16% compared to the average of 34.12 of the last 4 quarters.
The mean historical Current Ratio of Forza X1, Inc. over the last ten years is 11.98. The current 14.62 Current Ratio has changed 12.10% with respect to the historical average. Over the past ten years (40 quarters), FRZA's Current Ratio was at its highest in in the September 2022 quarter at 72.94. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
11.98
Median
9.30
Minimum
0
Maximum
29.32
Discovering the peaks and valleys of Forza X1, 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 = Infinity%
Maximum Annual Current Ratio = 29.32
Minimum Annual Increase = -45.88%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 15.87 | -45.88% |
2022 | 29.32 | 969.95% |
2021 | 2.74 | Infinity% |
The current Current Ratio of Forza X1, Inc. (FRZA) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
15.98
5-year avg
11.98
10-year avg
11.98
Forza X1, Inc.’s Current Ratio is greater than EZGO Technologies Ltd. (4.02), greater than Vision Marine Technologies Inc. (2.24), greater than Arcimoto, Inc. (0.46), greater than Micromobility.com Inc. (0.04), less than Twin Vee Powercats Co. (0), greater than Brunswick Corporation (4.29), greater than REE Automotive Ltd. (1.97), greater than LCI Industries (2.21), greater than Curtiss Motorcycles Company, Inc. (2.82), greater than Marine Products Corporation (0.18), greater than MasterCraft Boat Holdings, Inc. (4.69), greater than null (1.99),
Company | Current Ratio | Market cap |
---|---|---|
4.02 | $2.78M | |
2.24 | $2.56M | |
0.46 | $4.24M | |
0.04 | $1.01M | |
0 | $4.69M | |
4.29 | $5.38B | |
1.97 | $101.52M | |
2.21 | $2.93B | |
2.82 | $2.48M | |
0.18 | $332.90M | |
4.69 | $292.79M | |
1.99 | $0 |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Forza X1, Inc. (FRZA)?
What is the 5-year average Current Ratio for Forza X1, Inc. (FRZA)?
How does the current Current Ratio for Forza X1, Inc. (FRZA) compare to its historical average?