As of June 17, 2025, Advanced Container Technologies Inc (ACTX) reports a Current Ratio of 0.49.
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 Advanced Container Technologies Inc's Current Ratio
Over recent years, Advanced Container Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 0.49 |
| 2020-12-31 | 0.47 |
| 2019-12-31 | 0.13 |
| 2018-12-31 | 0.20 |
| 2017-12-31 | 0.29 |
This fluctuation highlights how Advanced Container Technologies Inc manages its short-term assets and liabilities over time.
Comparing Advanced Container Technologies Inc's Current Ratio to Peers
To better understand Advanced Container Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Advanced Container Technologies Inc (ACTX) | 0.49 |
| Alliance Creative Group Inc (ACGX) | 2846.39 |
| Winpak Ltd (WPK.TO) | 3.71 |
| Muliang Viagoo Technology Inc (MULG) | 3.00 |
| Imaflex Inc (IFX.V) | 2.65 |
| UFP Technologies Inc (UFPT) | 2.56 |
Compared to its competitors, Advanced Container Technologies Inc's Current Ratio is lower than all peers, suggesting tighter liquidity management or potential short-term obligations concerns.