As of June 8, 2025, Global Ecopower SA (ALGEP.PA) reports a Current Ratio of 1.15.
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 Global Ecopower SA's Current Ratio
Over recent years, Global Ecopower SA's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-12-31 | 1.15 |
| 2017-12-31 | 1.73 |
| 2016-12-31 | 1.36 |
| 2015-12-31 | 2.05 |
| 2014-12-31 | 1.27 |
This steady improvement highlights how Global Ecopower SA manages its short-term assets and liabilities over time.
Comparing Global Ecopower SA's Current Ratio to Peers
To better understand Global Ecopower SA's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Global Ecopower SA (ALGEP.PA) | 1.15 |
| Ekobox SA (EBX.WA) | 4.96 |
| J Smart & Co (Contractors) PLC (SMJ.L) | 4.88 |
| Energoaparatura SA (ENP.WA) | 3.12 |
| Forbuild SA (BTX.WA) | 2.92 |
| Tamex Obiekty Sportowe SA (TOS.WA) | 2.70 |
Compared to its competitors, Global Ecopower SA's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.