As of May 28, 2025, Blue Sphere Corp (BLSP) reports a Current Ratio of 0.35.
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 Blue Sphere Corp's Current Ratio
Over recent years, Blue Sphere Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2019-12-31 | 0.35 |
| 2018-12-31 | 0.35 |
| 2017-12-31 | 0.16 |
| 2016-12-31 | 0.02 |
| 2015-09-30 | 0.91 |
This slight upward trend highlights how Blue Sphere Corp manages its short-term assets and liabilities over time.
Comparing Blue Sphere Corp's Current Ratio to Peers
To better understand Blue Sphere Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Blue Sphere Corp (BLSP) | 0.35 |
| RE Royalties Ltd (RE.V) | 64.84 |
| Eco Wave Power Global AB (publ) (ECOWVE.ST) | 15.04 |
| Polaris Renewable Energy Inc (PIF.TO) | 6.74 |
| EuroSite Power Inc (EUSP) | 5.72 |
| Frendy Energy SpA (FDE.MI) | 2.77 |
Compared to its competitors, Blue Sphere Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.