As of June 20, 2025, Ariadne Australia Ltd (ARA.AX) reports a Current Ratio of 2.14.
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 Ariadne Australia Ltd's Current Ratio
Over recent years, Ariadne Australia Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 2.14 |
| 2023-06-30 | 2.49 |
| 2022-06-30 | 2.04 |
| 2021-06-30 | 2.44 |
| 2020-06-30 | 5.21 |
This slight downward trend highlights how Ariadne Australia Ltd manages its short-term assets and liabilities over time.
Comparing Ariadne Australia Ltd's Current Ratio to Peers
To better understand Ariadne Australia Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Ariadne Australia Ltd (ARA.AX) | 2.14 |
| Phoslock Environmental Technologies Ltd (PET.AX) | 13.00 |
| Cardno Ltd (CDD.AX) | 11.00 |
| Pan Asia Environmental Protection Group Ltd (556.HK) | 8.73 |
| Jibannet Holdings Co Ltd (6072.T) | 4.80 |
| Brite-Tech Bhd (BTECH.KL) | 4.27 |
Compared to its competitors, Ariadne Australia Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.