Ovation Science Inc.

Ovation Science Inc.verified

OVATF

Price:

$0.0248

Market Cap:

$1.21M

Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. The company's Invisicare is a patented drug delivery technology for use in topical and transdermal skin care products containing hemp seed oil and cannabis under the Ovation and BASKiN brands. It offers cannabidiol infused health and wellness solutions under the Invibe MD name; skincare solutions under the ARLO CBD name; and hand sanitizers under the DermSafe name. The company holds sublicenses for cannabis based products; and Lighthouse for licensed dispensaries in the United States. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2019-01-29

Stock Exchange

PNK

Ticker

OVATF

The Current Ratio as of November 2024 (TTM) for Ovation Science Inc. (OVATF) is 0.10

According to Ovation Science Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.10. This represents a change of -14.60% compared to the average of 0.11 of the last 4 quarters.

Ovation Science Inc. (OVATF) Historical Current Ratio (quarterly & annually)

How has OVATF Current Ratio performed in the past?

The mean historical Current Ratio of Ovation Science Inc. over the last ten years is 6.41. The current 0.10 Current Ratio has changed 48.70% with respect to the historical average. Over the past ten years (40 quarters), OVATF's Current Ratio was at its highest in in the September 2021 quarter at 40.22. The Current Ratio was at its lowest in in the September 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

6.41

Median

3.32

Minimum

0.11

Maximum

17.36

Ovation Science Inc. (OVATF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ovation Science 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 = 1.13%

Maximum Annual Current Ratio = 17.36

Minimum Annual Increase = -95.08%

Minimum Annual Current Ratio = 0.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.11-82.05%
20220.59-95.08%
202111.89-31.50%
202017.36422.28%
20193.32-69.04%
201810.741.13%

Ovation Science Inc. (OVATF) Average Current Ratio

How has OVATF Current Ratio performed in the past?

The current Current Ratio of Ovation Science Inc. (OVATF) 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

4.20

5-year avg

6.65

10-year avg

6.41

Ovation Science Inc. (OVATF) Current Ratio vs. Peers

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

Ovation Science Inc.’s Current Ratio is less than Isodiol International Inc. (1.73), less than Cipher Pharmaceuticals Inc. (11.18), greater than Maven Brands Inc. (0), greater than MPX International Corporation (0), less than Khiron Life Sciences Corp. (3.08), less than Auxly Cannabis Group Inc. (0.80), less than Creso Pharma Limited (0.24), less than Chalice Brands Ltd. (0.53), less than RIV Capital Inc. (5.22), less than China SXT Pharmaceuticals, Inc. (1.60), less than Biofrontera Inc. (1.89), less than FSD Pharma Inc. (2.34), less than Acorda Therapeutics, Inc. (0.22), less than Lucy Scientific Discovery Inc. (0.38), less than CV Sciences, Inc. (1.12), less than Columbia Care Inc. (1.17), less than Trulieve Cannabis Corp. (5.10), less than Curaleaf Holdings, Inc. (1.09), less than Green Thumb Industries Inc. (1.09), less than Lifecore Biomedical, Inc. (1.83), less than Rockwell Medical, Inc. (2.00), less than Kamada Ltd. (4.07), less than Intra-Cellular Therapies, Inc. (7.66), less than Agile Therapeutics, Inc. (0.55),

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