Plant Veda Foods Ltd.

Plant Veda Foods Ltd.verified

MILK.CN

Price:

$0.04

Market Cap:

$1.40M

Plant Veda Foods Ltd. operates as a plant-based beverage and food company in Canada. It offers plant-based drinkable yogurts, milk, and coffee creamers. The company was incorporated in 2019 and is headquartered in Surrey, Canada.[Read more]

Industry

Beverages - Non-Alcoholic

IPO Date

2021-06-21

Stock Exchange

CNQ

Ticker

MILK.CN

The Current Ratio as of September 2024 (TTM) for Plant Veda Foods Ltd. (MILK.CN) is 0.30

According to Plant Veda Foods Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.30. This represents a change of -24.89% compared to the average of 0.40 of the last 4 quarters.

Plant Veda Foods Ltd. (MILK.CN) Historical Current Ratio (quarterly & annually)

How has MILK.CN Current Ratio performed in the past?

The mean historical Current Ratio of Plant Veda Foods Ltd. over the last ten years is 1.40. The current 0.30 Current Ratio has changed 2.05% with respect to the historical average. Over the past ten years (40 quarters), MILK.CN's Current Ratio was at its highest in in the June 2021 quarter at 4.88. The Current Ratio was at its lowest in in the June 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.40

Median

1.33

Minimum

0.09

Maximum

2.83

Plant Veda Foods Ltd. (MILK.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Plant Veda Foods Ltd. 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 = 3.01%

Maximum Annual Current Ratio = 2.83

Minimum Annual Increase = -77.01%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.50-77.01%
20212.17-23.29%
20202.833.01%

Plant Veda Foods Ltd. (MILK.CN) Average Current Ratio

How has MILK.CN Current Ratio performed in the past?

The current Current Ratio of Plant Veda Foods Ltd. (MILK.CN) 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

1.83

5-year avg

1.40

10-year avg

1.40

Plant Veda Foods Ltd. (MILK.CN) Current Ratio vs. Peers

How is MILK.CN’s Current Ratio compared to its peers?

Plant Veda Foods Ltd.’s Current Ratio is greater than Boosh Plant-Based Brands Inc. (0.07), less than Plant Veda Foods Ltd. (0.30), greater than Element Nutritional Sciences Inc. (0.29), greater than Pure Extracts Technologies Corp. (0), less than Apollo Silver Corp. (7.24),

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