The Singing Machine Company, Inc.

The Singing Machine Company, Inc.verified

MICS

Price:

$0.74

Market Cap:

$7.21M

The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The...[Read more]

Industry

Consumer Electronics

IPO Date

2022-05-24

Stock Exchange

NASDAQ

Ticker

MICS

The Current Ratio as of November 2024 (TTM) for The Singing Machine Company, Inc. (MICS) is 1.30

According to The Singing Machine Company, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of -8.18% compared to the average of 1.41 of the last 4 quarters.

The Singing Machine Company, Inc. (MICS) Historical Current Ratio (quarterly & annually)

How has MICS Current Ratio performed in the past?

The mean historical Current Ratio of The Singing Machine Company, Inc. over the last ten years is 2.09. The current 1.30 Current Ratio has changed 6.09% with respect to the historical average. Over the past ten years (40 quarters), MICS's Current Ratio was at its highest in in the March 2019 quarter at 2.94. The Current Ratio was at its lowest in in the September 2014 quarter at 1.16.

Quarterly (TTM)
Annual

Average

2.09

Median

2.08

Minimum

1.43

Maximum

2.94

The Singing Machine Company, Inc. (MICS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The Singing Machine Company, 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 = 53.67%

Maximum Annual Current Ratio = 2.94

Minimum Annual Increase = -50.59%

Minimum Annual Current Ratio = 1.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.43-42.30%
20232.4850.34%
20221.65-10.55%
20211.8526.87%
20201.45-50.59%
20192.9420.64%
20182.445.15%
20172.32-11.84%
20162.6353.67%
20151.7146.56%

The Singing Machine Company, Inc. (MICS) Average Current Ratio

How has MICS Current Ratio performed in the past?

The current Current Ratio of The Singing Machine Company, Inc. (MICS) 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

1.85

5-year avg

1.77

10-year avg

2.09

The Singing Machine Company, Inc. (MICS) Current Ratio vs. Peers

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

The Singing Machine Company, Inc.’s Current Ratio is less than Koss Corporation (8.18), less than Emerson Radio Corp. (14.41), less than Wearable Devices Ltd. (1.34), greater than Zepp Health Corporation (1.21), less than Wearable Devices Ltd. (1.34), greater than Apple Inc. (0.87), less than Sonos, Inc. (1.51), greater than United Time Technology Co., Ltd. (0.96), greater than LG Display Co., Ltd. (0.68), less than GoPro, Inc. (1.32), less than Sony Group Corporation (0), greater than VIZIO Holding Corp. (0.66), less than Universal Electronics Inc. (1.66), less than null (1.61),

Build a custom stock screener for The Singing Machine Company, Inc. (MICS) and other stocks

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 The Singing Machine Company, 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:

Custom stock screener in Wisesheets

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 Singing Machine Company, Inc. (MICS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like The Singing Machine Company, 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is The Singing Machine Company, Inc.'s Current Ratio?

How is the Current Ratio calculated for The Singing Machine Company, Inc. (MICS)?

What is the highest Current Ratio for The Singing Machine Company, Inc. (MICS)?

What is the 3-year average Current Ratio for The Singing Machine Company, Inc. (MICS)?

What is the 5-year average Current Ratio for The Singing Machine Company, Inc. (MICS)?

How does the current Current Ratio for The Singing Machine Company, Inc. (MICS) compare to its historical average?