As of June 4, 2025, Charge Enterprises Inc (CRGE) reports a Current Ratio of 0.94.
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 Charge Enterprises Inc's Current Ratio
Over recent years, Charge Enterprises Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 0.94 |
| 2021-12-31 | 1.21 |
| 2020-12-31 | 1.04 |
| 2019-12-31 | - |
| 2018-12-31 | - |
This slight upward trend highlights how Charge Enterprises Inc manages its short-term assets and liabilities over time.
Comparing Charge Enterprises Inc's Current Ratio to Peers
To better understand Charge Enterprises Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Charge Enterprises Inc (CRGE) | 0.94 |
| CIBL Inc (CIBY) | 49.11 |
| Voip-Pal.Com Inc (VPLM) | 8.18 |
| AST SpaceMobile Inc (ASTS) | 7.90 |
| Anterix Inc (ATEX) | 4.07 |
| NextPlat Corp (NXPL) | 3.83 |
Compared to its competitors, Charge Enterprises Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.