As of June 18, 2025, Code Green Apparel Corp (CGAC) reports a Current Ratio of 0.01.
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 Code Green Apparel Corp's Current Ratio
Over recent years, Code Green Apparel Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-12-31 | 0.01 |
| 2017-12-31 | 0.01 |
| 2016-12-31 | 0.18 |
| 2015-12-31 | - |
| 2011-12-31 | 0.00 |
This slight downward trend highlights how Code Green Apparel Corp manages its short-term assets and liabilities over time.
Comparing Code Green Apparel Corp's Current Ratio to Peers
To better understand Code Green Apparel Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Code Green Apparel Corp (CGAC) | 0.01 |
| Giant Group Ltd (GGLT) | 45.70 |
| Exceed Company Ltd (EDSFF) | 12.49 |
| Mene Inc (MENE.V) | 7.08 |
| iFabric Corp (IFA.TO) | 4.42 |
| Silo Pharma Inc (SILO) | 4.29 |
Compared to its competitors, Code Green Apparel Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.