As of June 1, 2025, Balincan USA Inc (BCNN) reports a Current Ratio of 0.03.
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 Balincan USA Inc's Current Ratio
Over recent years, Balincan USA Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2009-12-31 | 0.03 |
| 2008-12-31 | 0.02 |
| 2007-12-31 | 38.00 |
| 2006-12-31 | 15.53 |
| 2005-12-31 | 0.99 |
This slight upward trend highlights how Balincan USA Inc manages its short-term assets and liabilities over time.
Comparing Balincan USA Inc's Current Ratio to Peers
To better understand Balincan USA Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Balincan USA Inc (BCNN) | 0.03 |
| Eastern Asteria Inc (EATR) | 15.13 |
| Moxian (BVI) Inc (MOXC) | 7.97 |
| Yatra Online Inc (YTRA) | 2.50 |
| Boqii Holding Ltd (BQ) | 2.07 |
| Rediff.com India Ltd (REDFY) | 1.72 |
Compared to its competitors, Balincan USA Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.