LTE.V
Price:
$0.095
Market Cap:
$6.87M
Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro-duct and air-blown fiber in Canada, the United States, and internationally. It operates through three segments: Product, Fibre Optic Installation, and Concrete Cutting. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services for use in various communication networks. It also provides fiber-optic cables, aerial and low fire hazard micro-ducts, connectors, and sundries, as well as proprietary items, such as a cutting head, shark blades, and the LiteXtend solution, as well as breeze cable blowing machines. The company serves municipa...[Read more]
Industry
Communication Equipment
IPO Date
2017-02-08
Stock Exchange
TSXV
Ticker
LTE.V
According to Lite Access Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.68. This represents a change of -17.18% compared to the average of 0.82 of the last 4 quarters.
The mean historical Current Ratio of Lite Access Technologies Inc. over the last ten years is 2.54. The current 0.68 Current Ratio has changed 2.58% with respect to the historical average. Over the past ten years (40 quarters), LTE.V's Current Ratio was at its highest in in the March 2015 quarter at 33.66. The Current Ratio was at its lowest in in the June 2014 quarter at 0.
Average
2.54
Median
1.04
Minimum
0.40
Maximum
11.38
Discovering the peaks and valleys of Lite Access Technologies 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 = 362.19%
Maximum Annual Current Ratio = 11.38
Minimum Annual Increase = -71.21%
Minimum Annual Current Ratio = 0.40
Year | Current Ratio | Change |
---|---|---|
2023 | 0.88 | -7.87% |
2022 | 0.96 | -15.15% |
2021 | 1.13 | 61.62% |
2020 | 0.70 | -69.57% |
2019 | 2.29 | -29.96% |
2018 | 3.28 | -71.21% |
2017 | 11.38 | 214.49% |
2016 | 3.62 | 362.19% |
2015 | 0.78 | 96.23% |
The current Current Ratio of Lite Access Technologies Inc. (LTE.V) 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
0.99
5-year avg
1.19
10-year avg
2.54
Lite Access Technologies Inc.’s Current Ratio is less than Braille Energy Systems Inc. (1.02), less than Manganese X Energy Corp. (12.73), greater than Solar Alliance Energy Inc. (0.46), greater than Therma Bright Inc. (0.11), less than CryptoStar Corp. (1.83),
Company | Current Ratio | Market cap |
---|---|---|
1.02 | $7.94M | |
12.73 | $4.32M | |
0.46 | $11.77M | |
0.11 | $12.64M | |
1.83 | $11.10M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Lite Access Technologies Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Lite Access Technologies Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Lite Access Technologies Inc.'s Current Ratio?
How is the Current Ratio calculated for Lite Access Technologies Inc. (LTE.V)?
What is the highest Current Ratio for Lite Access Technologies Inc. (LTE.V)?
What is the 3-year average Current Ratio for Lite Access Technologies Inc. (LTE.V)?
What is the 5-year average Current Ratio for Lite Access Technologies Inc. (LTE.V)?
How does the current Current Ratio for Lite Access Technologies Inc. (LTE.V) compare to its historical average?