Vicinity Motor Corp.

Vicinity Motor Corp.verified

VEV

Price:

$0.0201

Market Cap:

$2.53M

Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. Vicinity Motor Corp. founded in 2008 and is headquartered in Aldergrove, Canada.[Read more]

Industry

Auto - Manufacturers

IPO Date

2016-03-31

Stock Exchange

NASDAQ

Ticker

VEV

The Current Ratio as of November 2024 (TTM) for Vicinity Motor Corp. (VEV) is 0.90

According to Vicinity Motor Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.90. This represents a change of -17.67% compared to the average of 1.09 of the last 4 quarters.

Vicinity Motor Corp. (VEV) Historical Current Ratio (quarterly & annually)

How has VEV Current Ratio performed in the past?

The mean historical Current Ratio of Vicinity Motor Corp. over the last ten years is 1.48. The current 0.90 Current Ratio has changed 5.96% with respect to the historical average. Over the past ten years (40 quarters), VEV's Current Ratio was at its highest in in the June 2021 quarter at 4.34. The Current Ratio was at its lowest in in the March 2024 quarter at 0.90.

Quarterly (TTM)
Annual

Average

1.48

Median

1.60

Minimum

0.93

Maximum

1.99

Vicinity Motor Corp. (VEV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Vicinity Motor 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 = 152.10%

Maximum Annual Current Ratio = 1.99

Minimum Annual Increase = -36.61%

Minimum Annual Current Ratio = 0.93

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.93-14.68%
20221.092.10%
20211.07-36.61%
20201.692.15%
20191.66-16.66%
20181.9928.86%
20171.5415.13%
20161.34-27.19%
20151.8410.59%
20141.66152.10%

Vicinity Motor Corp. (VEV) Average Current Ratio

How has VEV Current Ratio performed in the past?

The current Current Ratio of Vicinity Motor Corp. (VEV) 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

1.03

5-year avg

1.29

10-year avg

1.48

Vicinity Motor Corp. (VEV) Current Ratio vs. Peers

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

Vicinity Motor Corp.’s Current Ratio is less than Blue Bird Corporation (1.40), less than Ayro, Inc. (6.55), less than Proterra Inc. (2.48), less than Electrameccanica Vehicles Corp. (13.36), less than Sime Darby Berhad (1.38), less than BAIC Motor Corporation Limited (1.11), less than Guangzhou Automobile Group Co., Ltd. (0), less than Faraday Future Intelligent Electric Inc. (1.25), less than GreenPower Motor Company Inc. (0), greater than Sono Group N.V. (0.32), less than null (1.44), less than null (11.17),

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