As of June 17, 2025, Alternet Systems Inc (ALYI) 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 Alternet Systems Inc's Current Ratio
Over recent years, Alternet Systems Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2015-12-31 | 0.07 |
| 2014-12-31 | 0.13 |
| 2013-12-31 | 0.29 |
| 2012-12-31 | 0.67 |
| 2011-12-31 | 0.70 |
This slight downward trend highlights how Alternet Systems Inc manages its short-term assets and liabilities over time.
Comparing Alternet Systems Inc's Current Ratio to Peers
To better understand Alternet Systems Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Alternet Systems Inc (ALYI) | 0.07 |
| Marathon Digital Holdings Inc (MARA) | 4.95 |
| NIC Inc (EGOV) | 2.63 |
| Intouch Insight Ltd (INX.V) | 2.57 |
| Ibex Ltd (IBEX) | 2.54 |
| Innodata Inc (INOD) | 2.05 |
Compared to its competitors, Alternet Systems Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.