NEXE Innovations Inc.

NEXE Innovations Inc.verified

NEXNF

Price:

$0.235

Market Cap:

$31.20M

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

2020-12-22

Stock Exchange

PNK

Ticker

NEXNF

The Current Ratio as of September 2024 (TTM) for NEXE Innovations Inc. (NEXNF) is 6.93

According to NEXE Innovations Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.93. This represents a change of -7.46% compared to the average of 7.49 of the last 4 quarters.

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

How has NEXNF Current Ratio performed in the past?

The mean historical Current Ratio of NEXE Innovations Inc. over the last ten years is 11.71. The current 6.93 Current Ratio has changed 5.81% with respect to the historical average. Over the past ten years (40 quarters), NEXNF'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 August 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

11.71

Median

11.54

Minimum

4.05

Maximum

20.99

NEXE Innovations Inc. (NEXNF) 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
20238.19-29.04%
202211.54-16.38%
202113.80240.31%
20204.05-80.69%

NEXE Innovations Inc. (NEXNF) Average Current Ratio

How has NEXNF Current Ratio performed in the past?

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

11.17

5-year avg

11.71

10-year avg

11.71

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

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

NEXE Innovations Inc.’s Current Ratio is greater than Imaflex Inc. (2.80), greater than Karat Packaging Inc. (3.05), greater than DSS, Inc. (1.17), greater than Tupperware Brands Corporation (0.41), greater than Myers Industries, Inc. (1.81), greater than O-I Glass, Inc. (1.26), greater than Pactiv Evergreen Inc. (2.04), greater than Greif, Inc. (1.70), greater than Crown Holdings, Inc. (1.05), less than Sealed Air Corporation (0), greater than Silgan Holdings Inc. (1.30), greater than Graphic Packaging Holding Company (1.06), greater than WestRock Company (1.24), greater than Avery Dennison Corporation (1.34), greater than International Paper Company (0.90), greater than Sonoco Products Company (1.59), greater than null (1.30),

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