Tofutti Brands Inc.

Tofutti Brands Inc.verified

TOFB

Price:

$0.87

Market Cap:

$4.48M

Tofutti Brands Inc. engages in the development, production, and marketing of dairy free, vegan frozen desserts, cheeses, and other food products under the TOFUTTI brand in the United States, Europe, the Middle East, the Asia Pacific, Africa, and internationally. It offers frozen desserts, including frozen sandwiches and chocolate-coated crispy cones; bars; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products comprising frozen crepes. The company sells its products through independent unaffiliated food brokers to distributors, as well as on a direct basis to retail chain accounts or to ...[Read more]

Industry

Packaged Foods

IPO Date

1983-12-08

Stock Exchange

PNK

Ticker

TOFB

The Current Ratio as of September 2024 (TTM) for Tofutti Brands Inc. (TOFB) is 8.66

According to Tofutti Brands Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.66. This represents a change of 36.21% compared to the average of 6.36 of the last 4 quarters.

Tofutti Brands Inc. (TOFB) Historical Current Ratio (quarterly & annually)

How has TOFB Current Ratio performed in the past?

The mean historical Current Ratio of Tofutti Brands Inc. over the last ten years is 4.95. The current 8.66 Current Ratio has changed 17.41% with respect to the historical average. Over the past ten years (40 quarters), TOFB's Current Ratio was at its highest in in the March 2020 quarter at 10.93. The Current Ratio was at its lowest in in the September 2014 quarter at 2.20.

Quarterly (TTM)
Annual

Average

4.95

Median

4.85

Minimum

2.35

Maximum

8.08

Tofutti Brands Inc. (TOFB) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tofutti Brands 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 = 62.17%

Maximum Annual Current Ratio = 8.08

Minimum Annual Increase = -48.39%

Minimum Annual Current Ratio = 2.35

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.3440.50%
20223.80-48.39%
20227.3628.72%
20215.72-29.26%
20198.0814.07%
20187.0962.17%
20174.3749.93%
20162.9124.01%
20162.35-3.95%
20142.45-13.03%

Tofutti Brands Inc. (TOFB) Average Current Ratio

How has TOFB Current Ratio performed in the past?

The current Current Ratio of Tofutti Brands Inc. (TOFB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.50

5-year avg

6.06

10-year avg

4.95

Tofutti Brands Inc. (TOFB) Current Ratio vs. Peers

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

Tofutti Brands Inc.’s Current Ratio is greater than Premier Foods plc (1.14), greater than Torque Lifestyle Brands, Inc. (2.87), greater than Integrated BioPharma, Inc. (2.63), greater than Naturally Splendid Enterprises Ltd. (0), greater than ARYZTA AG (0.75), greater than Premier Foods plc (1.14), greater than Grupo Bimbo, S.A.B. de C.V. (0.83), less than Utz Brands, Inc. (0), greater than Lamb Weston Holdings, Inc. (1.40), greater than Toyo Suisan Kaisha, Ltd. (1.29), greater than null (4.90),

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