As of May 27, 2025, Mission Produce Inc (AVO) reports a Current Ratio of 1.87.
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 Mission Produce Inc's Current Ratio
Over recent years, Mission Produce Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-10-31 | 1.87 |
| 2023-10-31 | 2.26 |
| 2022-10-31 | 2.24 |
| 2021-10-31 | 2.77 |
| 2020-10-31 | 3.18 |
This fluctuation highlights how Mission Produce Inc manages its short-term assets and liabilities over time.
Comparing Mission Produce Inc's Current Ratio to Peers
To better understand Mission Produce Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Mission Produce Inc (AVO) | 1.87 |
| China Modern Agricultural Information Inc (CMCI) | 31.18 |
| BIQI International Holdings Corp (BIQIF) | 19.52 |
| Farmmi Inc (FAMI) | 16.10 |
| Ovostar Union NV (OVO.WA) | 6.86 |
| Seneca Foods Corp (SENEA) | 6.40 |
Compared to its competitors, Mission Produce Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.