Legible Inc.

Legible Inc.verified

READ.CN

Price:

$0.05

Market Cap:

$7.85M

Legible Media Inc. operates as a book entertainment and media company. It operates a subscription-based browser and mobile reading platform for publishers, eBook developers, readers, and authors. Its books and audiobooks are distributed using its platform. The company was formerly known as Twenty20 Investment Inc. Legible Media Inc. is headquartered in Vancouver, Canada.[Read more]

Industry

Publishing

IPO Date

2021-12-01

Stock Exchange

CNQ

Ticker

READ.CN

The Current Ratio as of September 2024 (TTM) for Legible Inc. (READ.CN) is 0.10

According to Legible Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.10. This represents a change of 3.95% compared to the average of 0.09 of the last 4 quarters.

Legible Inc. (READ.CN) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Legible Inc. over the last ten years is 0.38. The current 0.10 Current Ratio has changed 2.40% with respect to the historical average. Over the past ten years (40 quarters), READ.CN's Current Ratio was at its highest in in the December 2021 quarter at 1.40. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.38

Median

0.07

Minimum

0

Maximum

1.40

Legible Inc. (READ.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Legible 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 = Infinity%

Maximum Annual Current Ratio = 1.40

Minimum Annual Increase = -91.64%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.12-91.64%
20211.409.00%
20210.02Infinity%

Legible Inc. (READ.CN) Average Current Ratio

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

The current Current Ratio of Legible Inc. (READ.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

0.51

5-year avg

0.38

10-year avg

0.38

Legible Inc. (READ.CN) Current Ratio vs. Peers

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

Legible Inc.’s Current Ratio is greater than Blackhawk Growth Corp. (0.03), greater than BacTech Environmental Corporation (0.03), less than Sernova Corp. (0.62), less than Aduro Clean Technologies Inc. (7.37), less than ReGen III Corp. (0.34),

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Frequently asked questions❓

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