What is 033830.KQ Current Ratio?

Taegu Broadcasting Corp (033830.KQ) Current Ratio

As of June 6, 2025, Taegu Broadcasting Corp (033830.KQ) reports a Current Ratio of 12.56.

Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.

Historical Trend of Taegu Broadcasting Corp's Current Ratio

Over recent years, Taegu Broadcasting Corp's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:

Date Current Ratio
2024-12-31 12.56
2023-12-31 11.93
2022-12-31 12.84
2021-12-31 9.32
2020-12-31 16.08

This slight downward trend highlights how Taegu Broadcasting Corp manages its short-term assets and liabilities over time.

Comparing Taegu Broadcasting Corp's Current Ratio to Peers

To better understand Taegu Broadcasting Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:

Company Current Ratio
Taegu Broadcasting Corp (033830.KQ) 12.56
E-Future Co Ltd (134060.KQ) 17.19
Korea Cable TV Chung Buk System Co Ltd (066790.KQ) 8.84
Digital Chosun (033130.KQ) 7.56
Sports Seoul Co Ltd (039670.KQ) 6.20
Galaxia SM Inc (011420.KS) 5.64

Compared to its competitors, Taegu Broadcasting Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.