As of June 10, 2025, Armanino Foods Of Distinction Inc (AMNF) reports a Current Ratio of 4.47.
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 Armanino Foods Of Distinction Inc's Current Ratio
Over recent years, Armanino Foods Of Distinction Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2017-12-31 | 4.47 |
2016-12-31 | 4.72 |
2015-12-31 | 3.55 |
2014-12-31 | 3.41 |
2013-12-31 | 3.30 |
This slight upward trend highlights how Armanino Foods Of Distinction Inc manages its short-term assets and liabilities over time.
Comparing Armanino Foods Of Distinction Inc's Current Ratio to Peers
To better understand Armanino Foods Of Distinction Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Armanino Foods Of Distinction Inc (AMNF) | 4.47 |
Healthy Coffee International Inc (HCEI) | 10.74 |
TDH Holdings Inc (PETZ) | 6.86 |
Tofutti Brands Inc (TOFB) | 6.28 |
Coffee Holding Co Inc (JVA) | 4.09 |
Ginger Beef Corp (GB.V) | 3.88 |
Compared to its competitors, Armanino Foods Of Distinction Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.