LOOP
Price:
$1.26
Market Cap:
$60.00M
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.[Read more]
Industry
Chemicals - Specialty
IPO Date
2017-11-20
Stock Exchange
NASDAQ
Ticker
LOOP
According to Loop Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.48. This represents a change of -84.48% compared to the average of 3.12 of the last 4 quarters.
The mean historical Current Ratio of Loop Industries, Inc. over the last ten years is 4.63. The current 0.48 Current Ratio has changed 945.80% with respect to the historical average. Over the past ten years (40 quarters), LOOP's Current Ratio was at its highest in in the May 2015 quarter at 22.70. The Current Ratio was at its lowest in in the March 2015 quarter at 0.06.
Average
4.63
Median
3.72
Minimum
0.10
Maximum
16.17
Discovering the peaks and valleys of Loop Industries, 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 = 1.98%
Maximum Annual Current Ratio = 16.17
Minimum Annual Increase = -82.48%
Minimum Annual Current Ratio = 0.10
Year | Current Ratio | Change |
---|---|---|
2024 | 3.30 | -67.53% |
2023 | 10.16 | 91.94% |
2022 | 5.29 | 27.63% |
2021 | 4.15 | -74.35% |
2020 | 16.17 | 1.98% |
2019 | 0.78 | -82.48% |
2018 | 4.43 | 244.03% |
2017 | 1.29 | 92.69% |
2016 | 0.67 | 562.33% |
2014 | 0.10 | -63.42% |
The current Current Ratio of Loop Industries, Inc. (LOOP) 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
6.25
5-year avg
7.82
10-year avg
4.63
Loop Industries, Inc.’s Current Ratio is less than H.B. Fuller Company (1.89), less than Element Solutions Inc (3.52), less than Innospec Inc. (2.59), less than Cabot Corporation (2.08), less than Minerals Technologies Inc. (2.46), less than Quaker Chemical Corporation (2.54), less than Sensient Technologies Corporation (3.74), less than Avient Corporation (1.63), less than Stepan Company (1.27), less than Oil-Dri Corporation of America (2.63), less than Northern Technologies International Corporation (2.32), less than Orion Engineered Carbons S.A. (1.24), less than Koppers Holdings Inc. (2.54),
Company | Current Ratio | Market cap |
---|---|---|
1.89 | $3.69B | |
3.52 | $6.20B | |
2.59 | $2.76B | |
2.08 | $4.99B | |
2.46 | $2.45B | |
2.54 | $2.50B | |
3.74 | $3.06B | |
1.63 | $3.70B | |
1.27 | $1.47B | |
2.63 | $593.31M | |
2.32 | $123.31M | |
1.24 | $904.48M | |
2.54 | $647.39M |
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