Tirex Quick Ratio
Quick Ratio (Acid Test) of Tirex (TXMC) as of Aug 17, 2026.
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Quick Ratio
0.00
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Quick Ratio (Acid Test) of Tirex is 2026 0.00 . Quick Ratio (Acid Test) of Tirex was 2025 0.00 . It decreases by % lower compared to the previous year.
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Tirex Stock analysis
What does Tirex do? Tirex Corp is a company that specializes in the development and marketing of innovative technologies for tire recycling. The company was founded in 1990 and is headquartered in Canada. It has become one of the leading providers in the field of tire recycling technologies and operates worldwide.
As the first step in the tire recycling chain, shredding is necessary. Tirex Corp has been at the forefront in this area. Using the "Cryogenic Rubber Recycling Technology," the company can break down used tires into their components and then reuse them. The method is characterized by relatively low energy costs and high productivity. The technology has proven to be very successful and is used in many countries around the world.
Over the years, the company has expanded its business model to meet the growing demand for new and innovative tire recycling technologies. Tirex Corp now has a wide portfolio of products and services used in the tire industry. Key product is the "Tirex Tyre Recycling Solution," capable of turning used tires into powdered rubber that can be processed into various end products. The powdered rubber can be used, for example, in the production of sports fields, road surfaces, or insulation materials.
In addition to developing recycling technologies, Tirex Corp is active in other areas. The company offers a wide range of services, such as training, technical support, development of custom solutions, and consulting services. Furthermore, the company operates its own recycling facilities and offers its technology as a license. Tirex strives to provide innovative solutions and aims to create a comprehensive and environmentally friendly recycling infrastructure.
The "Cryogenic Rubber Recycling Technology" is just one of many areas where Tirex Corp is active. In recent years, the company has also developed other technologies that can increase efficiency in the tire industry. One of these innovations is the "Tire Styrene Generation Technology." With this technology, the styrene glycol ether generated during the production of tires from synthetic rubber can be broken down into its components. This helps to reduce the demand for newly produced styrene.
Tirex Corp is committed to minimizing the environmental impact of tire production and disposal. Therefore, the company's products are both environmentally and economically viable. The company's commitment to sustainability is reflected in numerous awards and certifications.
Overall, Tirex Corp has achieved a lot in the past decades and has solidified its position as a leading provider of recycling technologies worldwide. The company continues to strive for the development of environmentally friendly products and technologies and is well positioned to succeed in a world increasingly shaped by climate change and environmental awareness. Tirex is one of the most popular companies on Eulerpool.
Frequently Asked Questions about Tirex stock
On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Tirex since 2006 – with annual values, charts, and detailed analysis.
The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.
A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Tirex with sector peers and the industry average to assess whether it is attractive.
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