As of June 1, 2025, Raffles Medical Group Ltd (BSL.SI) reports a Current Ratio of 1.35.
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 Raffles Medical Group Ltd's Current Ratio
Over recent years, Raffles Medical Group Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.35 |
| 2023-12-31 | 1.28 |
| 2022-12-31 | 1.36 |
| 2021-12-31 | 1.05 |
| 2020-12-31 | 1.18 |
This slight upward trend highlights how Raffles Medical Group Ltd manages its short-term assets and liabilities over time.
Comparing Raffles Medical Group Ltd's Current Ratio to Peers
To better understand Raffles Medical Group Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Raffles Medical Group Ltd (BSL.SI) | 1.35 |
| RHT Health Trust (RF1U.SI) | 10.62 |
| National Medical Care Company JSC (4005.SR) | 3.53 |
| Al Hammadi Holding Co (4007.SR) | 3.46 |
| Singapore O&G Ltd (1D8.SI) | 2.98 |
| Oceania Healthcare Ltd (OCA.NZ) | 2.84 |
Compared to its competitors, Raffles Medical Group Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.