As of June 2, 2025, Centamin PLC (CEY.L) reports a Current Ratio of 3.22.
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 Centamin PLC's Current Ratio
Over recent years, Centamin PLC's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 3.22 |
| 2022-12-31 | 2.78 |
| 2021-12-31 | 4.68 |
| 2020-12-31 | 6.05 |
| 2019-12-31 | 6.75 |
This slight downward trend highlights how Centamin PLC manages its short-term assets and liabilities over time.
Comparing Centamin PLC's Current Ratio to Peers
To better understand Centamin PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Centamin PLC (CEY.L) | 3.22 |
| Condor Gold PLC (CNR.L) | 239.38 |
| Euro Ressources SA (EUR.PA) | 23.50 |
| Primorus Investments PLC (PRIM.L) | 22.84 |
| Ariana Resources PLC (AAU.L) | 11.84 |
| Cora Gold Ltd (CORA.L) | 4.24 |
Compared to its competitors, Centamin PLC's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.