Minim, Inc.

Minim, Inc.verified

MINM

Price:

$2.95

Market Cap:

$8.29M

Minim, Inc., together with its subsidiaries, designs, develops, sells, and supports an Internet of Things security platform in North America and internationally. It offers hardware products, including cable modems, cable modem/routers, gateways, mobile broadband modems, wireless routers, multimedia over coax adapters, mesh home networking devices, and other local area network products. The company also provides Minim mobile applications for end users to personalize and monitor their home and office network for speed testing, data usage tracking, security alerts, malware blocking, privacy settings, and parental controls; and Minim web application that enables technical support representatives...[Read more]

Industry

Communication Equipment

IPO Date

2009-10-07

Stock Exchange

NASDAQ

Ticker

MINM

The Current Ratio as of September 2024 (TTM) for Minim, Inc. (MINM) is 0.48

According to Minim, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.48. This represents a change of -38.77% compared to the average of 0.79 of the last 4 quarters.

Minim, Inc. (MINM) Historical Current Ratio (quarterly & annually)

How has MINM Current Ratio performed in the past?

The mean historical Current Ratio of Minim, Inc. over the last ten years is 1.85. The current 0.48 Current Ratio has changed 2.51% with respect to the historical average. Over the past ten years (40 quarters), MINM's Current Ratio was at its highest in in the September 2015 quarter at 6.06. The Current Ratio was at its lowest in in the June 2024 quarter at 0.48.

Quarterly (TTM)
Annual

Average

1.85

Median

1.69

Minimum

0.93

Maximum

3.55

Minim, Inc. (MINM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Minim, 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 = 70.53%

Maximum Annual Current Ratio = 3.55

Minimum Annual Increase = -56.47%

Minimum Annual Current Ratio = 0.93

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.93-56.47%
20222.14-2.48%
20212.1970.53%
20201.29-23.76%
20191.6919.91%
20181.41-4.02%
20171.47-13.71%
20161.70-52.15%
20153.5566.70%
20142.13-22.57%

Minim, Inc. (MINM) Average Current Ratio

How has MINM Current Ratio performed in the past?

The current Current Ratio of Minim, Inc. (MINM) 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

1.75

5-year avg

1.65

10-year avg

1.85

Minim, Inc. (MINM) Current Ratio vs. Peers

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

Minim, Inc.’s Current Ratio is less than Frequency Electronics, Inc. (1.53), less than AmpliTech Group, Inc. (7.04), less than Optical Cable Corporation (4.18), less than Mobilicom Ltd (3.81), less than Wireless Telecom Group, Inc. (8.08), less than Siyata Mobile Inc. (0.54), greater than Satixfy Communications Ltd. (0.47), less than ClearOne, Inc. (6.95), less than Actelis Networks, Inc. (1.01), less than TESSCO Technologies Incorporated (1.98),

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