VMAR
Price:
$2.7
Market Cap:
$3.42M
Vision Marine Technologies Inc. designs, develops, and manufactures electric outboard powertrain systems and electric boats in Canada, the United States, and internationally. It operates in two segments, Sale of Electric Boats and Rental of Electric Boats. The company offers outboard motors, boat parts, and related maintenance services. It also operates an electric boat rental center with a fleet of approximately 20 ships located in Newport beach, California. The company provides its products through its retail e-commerce website, as well as rental boating companies, distributors, and dealers. It serves original equipment manufacturers and end-consumers. The company was formerly known as The...[Read more]
Industry
Auto - Recreational Vehicles
IPO Date
2020-11-24
Stock Exchange
NASDAQ
Ticker
VMAR
According to Vision Marine Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.24. This represents a change of 22.92% compared to the average of 1.82 of the last 4 quarters.
The mean historical Current Ratio of Vision Marine Technologies Inc. over the last ten years is 2.79. The current 2.24 Current Ratio has changed 7.93% with respect to the historical average. Over the past ten years (40 quarters), VMAR's Current Ratio was at its highest in in the February 2021 quarter at 31.44. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
2.79
Median
1.51
Minimum
0.83
Maximum
7.91
Discovering the peaks and valleys of Vision Marine Technologies 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 = 518.16%
Maximum Annual Current Ratio = 7.91
Minimum Annual Increase = -56.65%
Minimum Annual Current Ratio = 0.83
Year | Current Ratio | Change |
---|---|---|
2023 | 1.75 | -56.65% |
2022 | 4.04 | -48.98% |
2021 | 7.91 | 518.16% |
2020 | 1.28 | 36.68% |
2019 | 0.94 | 12.16% |
The current Current Ratio of Vision Marine Technologies Inc. (VMAR) 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
4.57
5-year avg
3.18
10-year avg
2.79
Vision Marine Technologies Inc.’s Current Ratio is less than Forza X1, Inc. (66.38), less than EZGO Technologies Ltd. (4.02), greater than Arcimoto, Inc. (0.46), greater than Micromobility.com Inc. (0.04), less than Twin Vee Powercats Co. (4.00), greater than Malibu Boats, Inc. (1.55), greater than Polaris Inc. (1.21), greater than MasterCraft Boat Holdings, Inc. (2.01), less than LCI Industries (2.88), greater than Thor Industries, Inc. (1.69), greater than OneWater Marine Inc. (1.29),
Company | Current Ratio | Market cap |
---|---|---|
66.38 | $3.23M | |
4.02 | $2.53M | |
0.46 | $4.24M | |
0.04 | $1.01M | |
4.00 | $4.00M | |
1.55 | $850.71M | |
1.21 | $3.79B | |
2.01 | $358.59M | |
2.88 | $3.08B | |
1.69 | $5.96B | |
1.29 | $315.36M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Vision Marine Technologies Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Vision Marine Technologies Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Vision Marine Technologies Inc.'s Current Ratio?
How is the Current Ratio calculated for Vision Marine Technologies Inc. (VMAR)?
What is the highest Current Ratio for Vision Marine Technologies Inc. (VMAR)?
What is the 3-year average Current Ratio for Vision Marine Technologies Inc. (VMAR)?
What is the 5-year average Current Ratio for Vision Marine Technologies Inc. (VMAR)?
How does the current Current Ratio for Vision Marine Technologies Inc. (VMAR) compare to its historical average?