As of May 29, 2025, Archon Corp (ARHN) reports a Current Ratio of 1.79.
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 Archon Corp's Current Ratio
Over recent years, Archon Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2010-09-30 | 1.79 |
2009-09-30 | 1.96 |
2008-09-30 | 2.17 |
2007-09-30 | 1.79 |
2006-09-30 | 0.70 |
This slight downward trend highlights how Archon Corp manages its short-term assets and liabilities over time.
Comparing Archon Corp's Current Ratio to Peers
To better understand Archon Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Archon Corp (ARHN) | 1.79 |
Rave Restaurant Group Inc (RAVE) | 4.72 |
Four Corners Inc (FCNE) | 3.81 |
Galaxy Gaming Inc (GLXZ) | 3.66 |
Freshii Inc (FRII.TO) | 2.85 |
Wynn Resorts Ltd (WYNN) | 1.90 |
Compared to its competitors, Archon Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.