As of June 10, 2025, China Carbon Graphite Group Inc (CHGI) reports a Current Ratio of 0.02.
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 China Carbon Graphite Group Inc's Current Ratio
Over recent years, China Carbon Graphite Group Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 0.02 |
| 2019-12-31 | 0.03 |
| 2018-12-31 | 0.02 |
| 2017-12-31 | 0.09 |
| 2016-12-31 | 0.16 |
This slight downward trend highlights how China Carbon Graphite Group Inc manages its short-term assets and liabilities over time.
Comparing China Carbon Graphite Group Inc's Current Ratio to Peers
To better understand China Carbon Graphite Group Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| China Carbon Graphite Group Inc (CHGI) | 0.02 |
| Ideal Power Inc (IPWR) | 28.57 |
| TNR Technical Inc (TNRK) | 6.09 |
| Lightscape Technologies Inc (LTSC) | 3.13 |
| Real Goods Solar Inc (RGSEQ) | 2.85 |
| EnSync Inc (ESNC) | 2.30 |
Compared to its competitors, China Carbon Graphite Group Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.