As of June 20, 2025, Goldway Education Group Ltd (8160.HK) reports a Current Ratio of 2.30.
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 Goldway Education Group Ltd's Current Ratio
Over recent years, Goldway Education Group Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-03-31 | 2.30 |
| 2023-03-31 | 3.13 |
| 2022-03-31 | 4.93 |
| 2021-03-31 | 4.80 |
| 2020-03-31 | 4.61 |
This slight downward trend highlights how Goldway Education Group Ltd manages its short-term assets and liabilities over time.
Comparing Goldway Education Group Ltd's Current Ratio to Peers
To better understand Goldway Education Group Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Goldway Education Group Ltd (8160.HK) | 2.30 |
| IEC Education Ltd (531840.BO) | 14.80 |
| Global Education Ltd (GLOBAL.NS) | 10.29 |
| Dadi Education Holdings Ltd (8417.HK) | 9.10 |
| Gold&S Co Ltd (035290.KQ) | 6.45 |
| Bradaverse Education (Int'l) Investments Group Ltd (1082.HK) | 6.04 |
Compared to its competitors, Goldway Education Group Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.