Imaflex Inc.

Imaflex Inc.verified

IFLXF

Price:

$1.01

Market Cap:

$52.61M

Imaflex Inc., together with its subsidiaries, develops, manufactures, and sells flexible packaging materials for industrial and agriculture markets in Canada, the United States, and internationally. It offers plastic films; agricultural films, including mulch, solarization, fumigation, compostable, and crop protection films; converter films; and industrial bags, such as garbage, compostable, and gaylord bags, as well as bags on roll products. The company primarily operates under the Shine N' Ripe XL and ADVASEAL brand names. It sells its products to printers who process the film into a to meet their end-customer needs, as well as directly to customers. The company was founded in 1994 and is ...[Read more]

Industry

Packaging & Containers

IPO Date

2017-07-14

Stock Exchange

PNK

Ticker

IFLXF

The Current Ratio as of September 2024 (TTM) for Imaflex Inc. (IFLXF) is 2.80

According to Imaflex Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.80. This represents a change of 21.38% compared to the average of 2.31 of the last 4 quarters.

Imaflex Inc. (IFLXF) Historical Current Ratio (quarterly & annually)

How has IFLXF Current Ratio performed in the past?

The mean historical Current Ratio of Imaflex Inc. over the last ten years is 1.90. The current 2.80 Current Ratio has changed 14.65% with respect to the historical average. Over the past ten years (40 quarters), IFLXF's Current Ratio was at its highest in in the June 2024 quarter at 2.80. The Current Ratio was at its lowest in in the September 2014 quarter at 1.11.

Quarterly (TTM)
Annual

Average

1.90

Median

1.66

Minimum

1.27

Maximum

2.72

Imaflex Inc. (IFLXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Imaflex 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 = 56.66%

Maximum Annual Current Ratio = 2.72

Minimum Annual Increase = -27.71%

Minimum Annual Current Ratio = 1.27

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.97-27.71%
20222.720.72%
20212.70-0.32%
20202.7156.66%
20191.7312.03%
20181.55-2.32%
20171.5814.32%
20161.388.57%
20151.27-6.58%
20141.3635.33%

Imaflex Inc. (IFLXF) Average Current Ratio

How has IFLXF Current Ratio performed in the past?

The current Current Ratio of Imaflex Inc. (IFLXF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.47

5-year avg

2.37

10-year avg

1.90

Imaflex Inc. (IFLXF) Current Ratio vs. Peers

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

Imaflex Inc.’s Current Ratio is less than Karat Packaging Inc. (3.05), less than NEXE Innovations Inc. (6.93), greater than DSS, Inc. (1.17), greater than Tupperware Brands Corporation (0.41), greater than good natured Products Inc. (0.24), greater than Silgan Holdings Inc. (1.06), greater than Ardagh Metal Packaging S.A. (0.95), greater than Graphic Packaging Holding Company (1.24), greater than Eightco Holdings Inc. (0.32), greater than WestRock Company (1.34), greater than Avery Dennison Corporation (0.90), greater than Amcor plc (1.17),

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