As of June 20, 2025, Tai Ping Carpets International Ltd (146.HK) reports a Current Ratio of 1.46.
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 Tai Ping Carpets International Ltd's Current Ratio
Over recent years, Tai Ping Carpets International Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 1.46 |
| 2023-06-30 | 1.37 |
| 2022-06-30 | 1.23 |
| 2021-06-30 | 1.10 |
| 2020-06-30 | 0.97 |
This slight downward trend highlights how Tai Ping Carpets International Ltd manages its short-term assets and liabilities over time.
Comparing Tai Ping Carpets International Ltd's Current Ratio to Peers
To better understand Tai Ping Carpets International Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Tai Ping Carpets International Ltd (146.HK) | 1.46 |
| Fancy Wood Industries PCL (FANCY.BK) | 33.99 |
| FACB Industries Incorporated Bhd (FACBIND.KL) | 19.47 |
| Dai Chau Group JSC (DCS.VN) | 13.47 |
| DPS Resources Bhd (DPS.KL) | 5.68 |
| Satu Holdings Ltd (8392.HK) | 4.99 |
Compared to its competitors, Tai Ping Carpets International Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.