Vitreous Glass Inc.

Vitreous Glass Inc.verified

VCI.V

Price:

$5.36

Market Cap:

$33.96M

Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada. The company offers its products to fiberglass insulation manufacturers for use as furnace ready cullet for use in their production facilities. Vitreous Glass Inc. is headquartered in Airdrie, Canada.[Read more]

Industry

Waste Management

IPO Date

2002-07-08

Stock Exchange

TSXV

Ticker

VCI.V

The Current Ratio as of November 2024 (TTM) for Vitreous Glass Inc. (VCI.V) is 4.30

According to Vitreous Glass Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.30. This represents a change of -5.01% compared to the average of 4.52 of the last 4 quarters.

Vitreous Glass Inc. (VCI.V) Historical Current Ratio (quarterly & annually)

How has VCI.V Current Ratio performed in the past?

The mean historical Current Ratio of Vitreous Glass Inc. over the last ten years is 3.99. The current 4.30 Current Ratio has changed 10.66% with respect to the historical average. Over the past ten years (40 quarters), VCI.V's Current Ratio was at its highest in in the December 2021 quarter at 5.28. The Current Ratio was at its lowest in in the December 2015 quarter at 2.33.

Quarterly (TTM)
Annual

Average

3.99

Median

3.97

Minimum

3.49

Maximum

4.72

Vitreous Glass Inc. (VCI.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Vitreous Glass 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 = 21.44%

Maximum Annual Current Ratio = 4.72

Minimum Annual Increase = -17.51%

Minimum Annual Current Ratio = 3.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.92-2.51%
20224.02-14.89%
20214.7221.44%
20203.8911.08%
20193.50-17.51%
20184.24-2.17%
20174.346.22%
20164.088.85%
20153.757.55%
20143.495.71%

Vitreous Glass Inc. (VCI.V) Average Current Ratio

How has VCI.V Current Ratio performed in the past?

The current Current Ratio of Vitreous Glass Inc. (VCI.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.22

5-year avg

4.01

10-year avg

3.99

Vitreous Glass Inc. (VCI.V) Current Ratio vs. Peers

How is VCI.V’s Current Ratio compared to its peers?

Vitreous Glass Inc.’s Current Ratio is greater than Atlas Engineered Products Ltd. (4.16), greater than Avante Logixx Inc. (1.72), greater than The Caldwell Partners International Inc. (1.30), greater than Alvopetro Energy Ltd. (2.38), less than BioSyent Inc. (6.13),

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