NEXE Innovations Inc.

NEXE Innovations Inc.verified

NEXE.V

Price:

$0.415

Market Cap:

$40.38M

NEXE Innovations Inc. designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada.[Read more]

Industry

Packaging & Containers

IPO Date

2020-12-18

Stock Exchange

TSXV

Ticker

NEXE.V

The Current Ratio as of November 2024 (TTM) for NEXE Innovations Inc. (NEXE.V) is 7.14

According to NEXE Innovations Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.14. This represents a change of 7.56% compared to the average of 6.63 of the last 4 quarters.

NEXE Innovations Inc. (NEXE.V) Historical Current Ratio (quarterly & annually)

How has NEXE.V Current Ratio performed in the past?

The mean historical Current Ratio of NEXE Innovations Inc. over the last ten years is 10.75. The current 7.14 Current Ratio has changed 6.54% with respect to the historical average. Over the past ten years (40 quarters), NEXE.V's Current Ratio was at its highest in in the August 2021 quarter at 21.57. The Current Ratio was at its lowest in in the November 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

10.75

Median

9.86

Minimum

4.05

Maximum

20.99

NEXE Innovations Inc. (NEXE.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NEXE Innovations 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 = 240.31%

Maximum Annual Current Ratio = 20.99

Minimum Annual Increase = -80.69%

Minimum Annual Current Ratio = 4.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.90-27.95%
20238.19-29.04%
202211.54-16.38%
202113.80240.31%
20204.05-80.69%

NEXE Innovations Inc. (NEXE.V) Average Current Ratio

How has NEXE.V Current Ratio performed in the past?

The current Current Ratio of NEXE Innovations Inc. (NEXE.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

8.54

5-year avg

8.70

10-year avg

10.75

NEXE Innovations Inc. (NEXE.V) Current Ratio vs. Peers

How is NEXE.V’s Current Ratio compared to its peers?

NEXE Innovations Inc.’s Current Ratio is greater than good natured Products Inc. (0.84), greater than Solar Alliance Energy Inc. (0.46), greater than CloudMD Software & Services Inc. (0.77), less than Drone Delivery Canada Corp. (7.85), greater than Braille Energy Systems Inc. (1.02),

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