As of June 4, 2025, Adamant DRI Processing and Minerals Group (ADMG) reports a Current Ratio of 0.07.
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 Adamant DRI Processing and Minerals Group's Current Ratio
Over recent years, Adamant DRI Processing and Minerals Group's Current Ratio has shown significant volatility. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2022-12-31 | 0.07 |
2021-12-31 | - |
2018-12-31 | 1.36 |
2017-12-31 | 0.13 |
2016-12-31 | 0.06 |
This slight downward trend highlights how Adamant DRI Processing and Minerals Group manages its short-term assets and liabilities over time.
Comparing Adamant DRI Processing and Minerals Group's Current Ratio to Peers
To better understand Adamant DRI Processing and Minerals Group's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Adamant DRI Processing and Minerals Group (ADMG) | 0.07 |
Simon Worldwide Inc (SWWI) | 6.71 |
Karsten Energy Corp (KAY.H.V) | 6.41 |
Wangton Capital Corp (WT.H.V) | 2.94 |
Atoro Capital Corp (TTO.H.V) | 1.58 |
Interdyne Co (ITDN) | 1.30 |
Compared to its competitors, Adamant DRI Processing and Minerals Group's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.