ParcelPal Logistics Inc.

ParcelPal Logistics Inc.verified

PKG.CN

Price:

$0.02

Market Cap:

$466.31K

ParcelPal Logistics Inc., a courier and logistics company, provides last-mile delivery service and logistics solutions. The company connects people and businesses through its network of couriers in Vancouver, Calgary, and Toronto, Canada, as well as in the western region of the United States. It offers delivery and logistics solutions for business to business, business to customer, and other creative solution partners in pharmacy and health, meal kit deliveries, retail, groceries, and other verticals. The company was formerly known as ParcelPal Technology Inc. and changed its name to ParcelPal Logistics Inc. in June 2021. ParcelPal Logistics Inc. was incorporated in 1997 and is headquartered...[Read more]

Industry

Integrated Freight & Logistics

IPO Date

2013-04-16

Stock Exchange

CNQ

Ticker

PKG.CN

The Current Ratio as of September 2024 (TTM) for ParcelPal Logistics Inc. (PKG.CN) is 0.07

According to ParcelPal Logistics Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of 16.32% compared to the average of 0.06 of the last 4 quarters.

ParcelPal Logistics Inc. (PKG.CN) Historical Current Ratio (quarterly & annually)

How has PKG.CN Current Ratio performed in the past?

The mean historical Current Ratio of ParcelPal Logistics Inc. over the last ten years is 1.32. The current 0.07 Current Ratio has changed 446.65% with respect to the historical average. Over the past ten years (40 quarters), PKG.CN's Current Ratio was at its highest in in the September 2018 quarter at 5.28. The Current Ratio was at its lowest in in the March 2014 quarter at 0.02.

Quarterly (TTM)
Annual

Average

1.32

Median

0.73

Minimum

0.03

Maximum

4.12

ParcelPal Logistics Inc. (PKG.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ParcelPal Logistics 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 = 3.88%

Maximum Annual Current Ratio = 4.12

Minimum Annual Increase = -98.71%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.05-70.45%
20210.19-14.18%
20200.22-82.63%
20191.24-69.81%
20184.12207.88%
20171.34-40.33%
20162.24-38.95%
20153.673.88%
20140.09228.87%
20130.03-98.71%

ParcelPal Logistics Inc. (PKG.CN) Average Current Ratio

How has PKG.CN Current Ratio performed in the past?

The current Current Ratio of ParcelPal Logistics Inc. (PKG.CN) 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

0.15

5-year avg

1.16

10-year avg

1.32

ParcelPal Logistics Inc. (PKG.CN) Current Ratio vs. Peers

How is PKG.CN’s Current Ratio compared to its peers?

ParcelPal Logistics Inc.’s Current Ratio is less than St-Georges Eco-Mining Corp. (0.16), less than ThreeD Capital Inc. (10.47), less than Victory Square Technologies Inc. (0.25), less than ImagineAR Inc. (0.11), less than Tenet Fintech Group Inc. (1.93),

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