Electrameccanica Vehicles Corp.

Electrameccanica Vehicles Corp.verified

SOLO

Price:

$0.2122

Market Cap:

$25.36M

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.[Read more]

Industry

Auto - Manufacturers

IPO Date

2018-08-09

Stock Exchange

NASDAQ

Ticker

SOLO

The Current Ratio as of November 2024 (TTM) for Electrameccanica Vehicles Corp. (SOLO) is 13.36

According to Electrameccanica Vehicles Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 13.36. This represents a change of 2.02% compared to the average of 13.09 of the last 4 quarters.

Electrameccanica Vehicles Corp. (SOLO) Historical Current Ratio (quarterly & annually)

How has SOLO Current Ratio performed in the past?

The mean historical Current Ratio of Electrameccanica Vehicles Corp. over the last ten years is 11.61. The current 13.36 Current Ratio has changed 11.41% with respect to the historical average. Over the past ten years (40 quarters), SOLO's Current Ratio was at its highest in in the March 2021 quarter at 68.97. The Current Ratio was at its lowest in in the June 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

11.61

Median

5.57

Minimum

0.57

Maximum

30.60

Electrameccanica Vehicles Corp. (SOLO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Electrameccanica Vehicles Corp. 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 = 784.08%

Maximum Annual Current Ratio = 30.60

Minimum Annual Increase = -86.44%

Minimum Annual Current Ratio = 0.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
202313.36222.01%
20224.15-86.44%
202130.603.03%
202029.70433.41%
20195.57-55.53%
201812.52319.68%
20172.98-40.76%
20165.04784.08%

Electrameccanica Vehicles Corp. (SOLO) Average Current Ratio

How has SOLO Current Ratio performed in the past?

The current Current Ratio of Electrameccanica Vehicles Corp. (SOLO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

16.03

5-year avg

16.67

10-year avg

11.61

Electrameccanica Vehicles Corp. (SOLO) Current Ratio vs. Peers

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

Electrameccanica Vehicles Corp.’s Current Ratio is greater than GreenPower Motor Company Inc. (1.44), greater than Workhorse Group Inc. (1.16), greater than Cenntro Electric Group Limited (2.70), greater than Volcon, Inc. (2.07), less than Lordstown Motors Corp. (36.94), greater than Canoo Inc. (0.14), greater than Li Auto Inc. (1.76), greater than Fisker Inc. (1.82), greater than Lucid Group, Inc. (3.71), greater than Rivian Automotive, Inc. (5.09), greater than Polestar Automotive Holding UK PLC (0.58), greater than Arrival (12.47), greater than Faraday Future Intelligent Electric Inc. (0.32), greater than Mullen Automotive, Inc. (0.53),

Build a custom stock screener for Electrameccanica Vehicles Corp. (SOLO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Electrameccanica Vehicles Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Electrameccanica Vehicles Corp. (SOLO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Electrameccanica Vehicles Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Electrameccanica Vehicles Corp.'s Current Ratio?

How is the Current Ratio calculated for Electrameccanica Vehicles Corp. (SOLO)?

What is the highest Current Ratio for Electrameccanica Vehicles Corp. (SOLO)?

What is the 3-year average Current Ratio for Electrameccanica Vehicles Corp. (SOLO)?

What is the 5-year average Current Ratio for Electrameccanica Vehicles Corp. (SOLO)?

How does the current Current Ratio for Electrameccanica Vehicles Corp. (SOLO) compare to its historical average?