Taiga Motors Corporation

Taiga Motors Corporationverified

TAIG.TO

Price:

$0.305

Market Cap:

$9.71M

Taiga Motors Corporation engages in the research and development, design, production, marketing, and distribution of various electric powersport vehicles. It offers electric snowmobiles, personal watercrafts, and off-road vehicles. The company was founded in 2015 and is headquartered in LaSalle, Canada.[Read more]

Industry

Auto - Recreational Vehicles

IPO Date

2021-04-23

Stock Exchange

TSX

Ticker

TAIG.TO

The Current Ratio as of September 2024 (TTM) for Taiga Motors Corporation (TAIG.TO) is 1.48

According to Taiga Motors Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.48. This represents a change of -44.89% compared to the average of 2.68 of the last 4 quarters.

Taiga Motors Corporation (TAIG.TO) Historical Current Ratio (quarterly & annually)

How has TAIG.TO Current Ratio performed in the past?

The mean historical Current Ratio of Taiga Motors Corporation over the last ten years is 2.08. The current 1.48 Current Ratio has changed 7.03% with respect to the historical average. Over the past ten years (40 quarters), TAIG.TO's Current Ratio was at its highest in in the June 2021 quarter at 24.51. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.08

Median

0.35

Minimum

0.07

Maximum

10.21

Taiga Motors Corporation (TAIG.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Taiga Motors Corporation 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 = 13.72%

Maximum Annual Current Ratio = 10.21

Minimum Annual Increase = -67.64%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.17-34.46%
20223.30-67.64%
202110.2113.72%
20200.07-8.52%
20200.0812.06%
20190.07-63.05%
20180.20-61.53%

Taiga Motors Corporation (TAIG.TO) Average Current Ratio

How has TAIG.TO Current Ratio performed in the past?

The current Current Ratio of Taiga Motors Corporation (TAIG.TO) 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

5.23

5-year avg

3.17

10-year avg

2.08

Taiga Motors Corporation (TAIG.TO) Current Ratio vs. Peers

How is TAIG.TO’s Current Ratio compared to its peers?

Taiga Motors Corporation’s Current Ratio is less than The Lion Electric Company (2.49), less than Dialogue Health Technologies Inc. (3.90), less than GURU Organic Energy Corp. (4.74), greater than BRP Inc. (1.32), less than Coveo Solutions Inc. (1.71),

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