Red Light Holland Corp.

Red Light Holland Corp.verified

TRIP.CN

Price:

$0.04

Market Cap:

$15.96M

Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the recreational market in the Netherlands. It is also involved in the selection, distribution, and export of truffles, cannabidiol products, cannabis seeds, headshop products, cannabis bake house muffins, cookies, and cakes. The company sells its products under the iMicrodose and Maka brand name through 74 brick-and-mortar SmartShops, as well as through iMicrodose.nl and various other online stores across the Netherlands. Red Light Holland Corp. is based in Toronto, Ontario.[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2020-05-28

Stock Exchange

CNQ

Ticker

TRIP.CN

The Current Ratio as of September 2024 (TTM) for Red Light Holland Corp. (TRIP.CN) is 5.10

According to Red Light Holland Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 5.10. This represents a change of -17.06% compared to the average of 6.15 of the last 4 quarters.

Red Light Holland Corp. (TRIP.CN) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Red Light Holland Corp. over the last ten years is 5.50. The current 5.10 Current Ratio has changed 9.19% with respect to the historical average. Over the past ten years (40 quarters), TRIP.CN's Current Ratio was at its highest in in the March 2021 quarter at 30.12. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

5.50

Median

0.46

Minimum

0

Maximum

30.12

Red Light Holland Corp. (TRIP.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Red Light Holland 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 = Infinity%

Maximum Annual Current Ratio = 30.12

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.47-33.90%
20238.28-18.50%
202210.16-66.29%
202130.123.38%
20200.87Infinity%
20190-100.00%
20180.012.75%
20170.00-94.74%
20160.01-85.71%
20150.051.29%

Red Light Holland Corp. (TRIP.CN) Average Current Ratio

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

The current Current Ratio of Red Light Holland Corp. (TRIP.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

7.97

5-year avg

10.98

10-year avg

5.50

Red Light Holland Corp. (TRIP.CN) Current Ratio vs. Peers

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

Red Light Holland Corp.’s Current Ratio is greater than Revive Therapeutics Ltd. (0.40), greater than Mind Medicine (MindMed) Inc. (3.91), less than Cybin Inc. (41.70), greater than HAVN Life Sciences Inc. (0), less than Psyched Wellness Ltd. (30.73),

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