Reed's, Inc.

Reed's, Inc.verified

REED

Price:

$1.33

Market Cap:

$5.57M

Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants through distributors and independent distributor partners, as well as direct to store...[Read more]

Industry

Beverages - Non-Alcoholic

IPO Date

2006-12-29

Stock Exchange

NASDAQ

Ticker

REED

The Current Ratio as of November 2024 (TTM) for Reed's, Inc. (REED) is 0.48

According to Reed's, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.48. This represents a change of -29.39% compared to the average of 0.68 of the last 4 quarters.

Reed's, Inc. (REED) Historical Current Ratio (quarterly & annually)

How has REED Current Ratio performed in the past?

The mean historical Current Ratio of Reed's, Inc. over the last ten years is 1.14. The current 0.48 Current Ratio has changed 4.09% with respect to the historical average. Over the past ten years (40 quarters), REED's Current Ratio was at its highest in in the March 2019 quarter at 2.11. The Current Ratio was at its lowest in in the June 2024 quarter at 0.48.

Quarterly (TTM)
Annual

Average

1.14

Median

1.09

Minimum

0.65

Maximum

2.07

Reed's, Inc. (REED) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Reed's, 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 = 97.70%

Maximum Annual Current Ratio = 2.07

Minimum Annual Increase = -44.99%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.65-32.78%
20220.97-14.55%
20211.14-44.99%
20202.0736.09%
20191.5297.70%
20180.77-31.61%
20171.1229.37%
20160.87-17.86%
20151.06-14.56%
20141.247.04%

Reed's, Inc. (REED) Average Current Ratio

How has REED Current Ratio performed in the past?

The current Current Ratio of Reed's, Inc. (REED) 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

0.92

5-year avg

1.27

10-year avg

1.14

Reed's, Inc. (REED) Current Ratio vs. Peers

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

Reed's, Inc.’s Current Ratio is less than Barfresh Food Group, Inc. (1.39), less than Hill Street Beverage Company Inc. (2.99), less than Flow Beverage Corp. (1.86), less than Zevia PBC (3.09), less than National Beverage Corp. (1.99), less than Primo Water Corporation (2.18), less than The Alkaline Water Company Inc. (0.68), less than Jones Soda Co. (1.75), greater than FBEC Worldwide, Inc. (0), less than The Vita Coco Company, Inc. (3.28), greater than Greene Concepts, Inc. (0.37), less than Embotelladora Andina S.A. (1.47), less than Embotelladora Andina S.A. (1.47), less than Coca-Cola Europacific Partners PLC (0.85), less than Keurig Dr Pepper Inc. (0.53),

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