Eightco Holdings Inc.

Eightco Holdings Inc.verified

OCTO

Price:

$1.62

Market Cap:

$2.88M

Eightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.[Read more]

Industry

Packaging & Containers

IPO Date

2022-05-18

Stock Exchange

NASDAQ

Ticker

OCTO

The Current Ratio as of September 2024 (TTM) for Eightco Holdings Inc. (OCTO) is 0.32

According to Eightco Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.32. This represents a change of -23.09% compared to the average of 0.41 of the last 4 quarters.

Eightco Holdings Inc. (OCTO) Historical Current Ratio (quarterly & annually)

How has OCTO Current Ratio performed in the past?

The mean historical Current Ratio of Eightco Holdings Inc. over the last ten years is 1.18. The current 0.32 Current Ratio has changed 2.58% with respect to the historical average. Over the past ten years (40 quarters), OCTO's Current Ratio was at its highest in in the June 2021 quarter at 19.18. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.18

Median

1.01

Minimum

0.36

Maximum

2.09

Eightco Holdings Inc. (OCTO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Eightco Holdings 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 = 44.28%

Maximum Annual Current Ratio = 2.09

Minimum Annual Increase = -64.89%

Minimum Annual Current Ratio = 0.36

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.36-64.89%
20221.011.55%
20211.00-52.39%
20202.0944.28%

Eightco Holdings Inc. (OCTO) Average Current Ratio

How has OCTO Current Ratio performed in the past?

The current Current Ratio of Eightco Holdings Inc. (OCTO) 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

0.79

5-year avg

1.18

10-year avg

1.18

Eightco Holdings Inc. (OCTO) Current Ratio vs. Peers

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

Eightco Holdings Inc.’s Current Ratio is less than Ardagh Metal Packaging S.A. (0.95), less than WestRock Company (1.34), less than Avery Dennison Corporation (0.90), less than Amcor plc (1.17), less than Packaging Corporation of America (0), less than O-I Glass, Inc. (2.43), less than Silgan Holdings Inc. (1.26), less than Advanced Container Technologies, Inc. (1.06), greater than Sonoco Products Company (0), less than Ball Corporation (1.30), less than null (1.18),

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