Wrap Technologies, Inc.

Wrap Technologies, Inc.verified

WRAP

Price:

$1.43

Market Cap:

$65.58M

Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is based in Tempe, Arizona.[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

2018-05-29

Stock Exchange

NASDAQ

Ticker

WRAP

The Current Ratio as of September 2024 (TTM) for Wrap Technologies, Inc. (WRAP) is 0.90

According to Wrap Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.90. This represents a change of -71.78% compared to the average of 3.20 of the last 4 quarters.

Wrap Technologies, Inc. (WRAP) Historical Current Ratio (quarterly & annually)

How has WRAP Current Ratio performed in the past?

The mean historical Current Ratio of Wrap Technologies, Inc. over the last ten years is 14.26. The current 0.90 Current Ratio has changed 532.63% with respect to the historical average. Over the past ten years (40 quarters), WRAP's Current Ratio was at its highest in in the December 2018 quarter at 31.80. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

14.26

Median

15.59

Minimum

0.90

Maximum

31.80

Wrap Technologies, Inc. (WRAP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Wrap 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 = 402.63%

Maximum Annual Current Ratio = 31.80

Minimum Annual Increase = -89.40%

Minimum Annual Current Ratio = 0.90

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.90-89.40%
20228.51-41.00%
202114.43-28.07%
202020.059.66%
201918.29-42.49%
201831.8089.70%
201716.76402.63%

Wrap Technologies, Inc. (WRAP) Average Current Ratio

How has WRAP Current Ratio performed in the past?

The current Current Ratio of Wrap Technologies, Inc. (WRAP) 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

7.95

5-year avg

12.44

10-year avg

14.26

Wrap Technologies, Inc. (WRAP) Current Ratio vs. Peers

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

Wrap Technologies, Inc.’s Current Ratio is less than Red Cat Holdings, Inc. (6.13), less than Acutus Medical, Inc. (2.30), less than WiSA Technologies, Inc. (2.79), less than VerifyMe, Inc. (1.74), less than Oblong, Inc. (5.05),

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