Resonate Blends, Inc.

Resonate Blends, Inc.verified

KOAN

Price:

$0.0081

Market Cap:

$797.05K

Resonate Blends, Inc., a cannabis holding company, provides cannabis-based products. It also operates an online mobile marketing platform that provides various offers, discounts, alerts, and events schedules, such as happy hours, trivia night, and other campaigns. The company was formerly known as Textmunication Holdings, Inc. and changed its name to Resonate Blends, Inc. in December 2019. Resonate Blends, Inc. is based in Calabasas, California.[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

1993-03-31

Stock Exchange

PNK

Ticker

KOAN

The Current Ratio as of September 2024 (TTM) for Resonate Blends, Inc. (KOAN) is 0.25

According to Resonate Blends, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.25. This represents a change of -6.16% compared to the average of 0.26 of the last 4 quarters.

Resonate Blends, Inc. (KOAN) Historical Current Ratio (quarterly & annually)

How has KOAN Current Ratio performed in the past?

The mean historical Current Ratio of Resonate Blends, Inc. over the last ten years is 0.13. The current 0.25 Current Ratio has changed 18.28% with respect to the historical average. Over the past ten years (40 quarters), KOAN's Current Ratio was at its highest in in the March 2021 quarter at 0.71. The Current Ratio was at its lowest in in the March 2017 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.13

Median

0.10

Minimum

0.00

Maximum

0.32

Resonate Blends, Inc. (KOAN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Resonate Blends, 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 = 2.34%

Maximum Annual Current Ratio = 0.32

Minimum Annual Increase = -95.83%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.3128.78%
20220.24296.20%
20210.06-57.77%
20200.14-1.58%
20190.15-54.38%
20180.322.34%
20170.01476.66%
20160.00-95.83%
20150.0672.66%
20140.03-42.42%

Resonate Blends, Inc. (KOAN) Average Current Ratio

How has KOAN Current Ratio performed in the past?

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

3-year avg

0.21

5-year avg

0.18

10-year avg

0.13

Resonate Blends, Inc. (KOAN) Current Ratio vs. Peers

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

Resonate Blends, Inc.’s Current Ratio is less than RAMM Pharma Corp. (0), greater than Craftport Cannabis Corp. (0.03), less than Speakeasy Cannabis Club Ltd. (1.40), greater than City View Green Holdings Inc. (0.01), less than RavenQuest BioMed Inc. (1.14), greater than BC Craft Supply Co. Ltd. (0.02), less than Silo Wellness Inc. (0), greater than Healthy Extracts Inc. (0.03), less than Red Light Holland Corp. (0.84), less than Beleave Inc. (5.10), less than null (0.41),

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