VIQ Solutions Inc.

VIQ Solutions Inc.verified

VQS.TO

Price:

$0.24

Market Cap:

$9.07M

VIQ Solutions Inc. operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates through two segments, Technology and Related Revenue, and Technology Services. The Technology segment develops, distributes, and licenses computer-based digital solutions based on its technology. The Technology Services segment provides recording and transcription services. The company offers CapturePro that securely speeds the capture, creation, and management of large volumes of information, as well as preserves and secures the spoken word and video image, and d...[Read more]

Industry

Software - Application

IPO Date

2007-10-25

Stock Exchange

TSX

Ticker

VQS.TO

The Current Ratio as of November 2024 (TTM) for VIQ Solutions Inc. (VQS.TO) is 0.35

According to VIQ Solutions Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of -42.83% compared to the average of 0.62 of the last 4 quarters.

VIQ Solutions Inc. (VQS.TO) Historical Current Ratio (quarterly & annually)

How has VQS.TO Current Ratio performed in the past?

The mean historical Current Ratio of VIQ Solutions Inc. over the last ten years is 1.24. The current 0.35 Current Ratio has changed 2.73% with respect to the historical average. Over the past ten years (40 quarters), VQS.TO's Current Ratio was at its highest in in the March 2021 quarter at 2.71. The Current Ratio was at its lowest in in the June 2024 quarter at 0.35.

Quarterly (TTM)
Annual

Average

1.24

Median

0.96

Minimum

0.51

Maximum

2.55

VIQ Solutions Inc. (VQS.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of VIQ Solutions 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 = 295.60%

Maximum Annual Current Ratio = 2.55

Minimum Annual Increase = -77.83%

Minimum Annual Current Ratio = 0.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.8762.47%
20220.53-69.98%
20211.78-30.27%
20202.55295.60%
20190.6425.16%
20180.51-77.83%
20172.3260.07%
20161.4537.25%
20151.0647.95%
20140.71-30.70%

VIQ Solutions Inc. (VQS.TO) Average Current Ratio

How has VQS.TO Current Ratio performed in the past?

The current Current Ratio of VIQ Solutions Inc. (VQS.TO) 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

1.06

5-year avg

1.27

10-year avg

1.24

VIQ Solutions Inc. (VQS.TO) Current Ratio vs. Peers

How is VQS.TO’s Current Ratio compared to its peers?

VIQ Solutions Inc.’s Current Ratio is less than MediaValet Inc. (0.39), less than mCloud Technologies Corp. (0), less than Sylogist Ltd. (0.54), less than The Caldwell Partners International Inc. (1.30), less than Softchoice Corporation (0.79),

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