KonaTel, Inc.

KonaTel, Inc.verified

KTEL

Price:

$0.155

Market Cap:

$6.74M

KonaTel, Inc. provides retail and wholesale telecommunication services to individual and business customers. It operates through two segments, Hosted Services and Mobile Services. The Hosted Services segment offers a suite of hosted (Communications Platform as a Service) CPaaS services, including cloud IVRs, voicemail, fax, call recording, and other services provided with local, toll-free, and international phone numbers; public and private IP network services; and cloud services comprising information data dips, SD-WAN, and IoT data and device management through its cloud platform. The Mobile Services segment provides retail and wholesale cellular voice/text/data services, and IoT mobile da...[Read more]

Industry

Telecommunications Services

IPO Date

2014-09-18

Stock Exchange

PNK

Ticker

KTEL

The Current Ratio as of November 2024 (TTM) for KonaTel, Inc. (KTEL) is 1.92

According to KonaTel, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.92. This represents a change of 6.00% compared to the average of 1.81 of the last 4 quarters.

KonaTel, Inc. (KTEL) Historical Current Ratio (quarterly & annually)

How has KTEL Current Ratio performed in the past?

The mean historical Current Ratio of KonaTel, Inc. over the last ten years is 2.14. The current 1.92 Current Ratio has changed 8.89% with respect to the historical average. Over the past ten years (40 quarters), KTEL's Current Ratio was at its highest in in the September 2017 quarter at 26.42. The Current Ratio was at its lowest in in the March 2017 quarter at 0.02.

Quarterly (TTM)
Annual

Average

2.14

Median

0.62

Minimum

0.03

Maximum

14.37

KonaTel, Inc. (KTEL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of KonaTel, 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 = 14.37

Minimum Annual Increase = -99.19%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.48-47.01%
20220.92-68.54%
20212.91208.42%
20200.94164.90%
20190.36-49.12%
20180.7028.73%
20170.542.00%
20160.03-77.72%
20150.12-99.19%
201414.37Infinity%

KonaTel, Inc. (KTEL) Average Current Ratio

How has KTEL Current Ratio performed in the past?

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

3-year avg

1.44

5-year avg

1.12

10-year avg

2.14

KonaTel, Inc. (KTEL) Current Ratio vs. Peers

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

KonaTel, Inc.’s Current Ratio is greater than TheDirectory.com, Inc (0.08), greater than theglobe.com, inc. (0.01), greater than MarketWise, Inc. (0.61), greater than Corner Growth Acquisition Corp. (0.02), greater than MiNK Therapeutics, Inc. (0.89),

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