As of April 11, 2026, Coretec Group Inc (CRTG) reports a Current Ratio of 1.01.
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 Coretec Group Inc's Current Ratio
Over recent years, Coretec Group Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 1.01 |
| 2022-12-31 | 6.50 |
| 2021-12-31 | 13.52 |
| 2020-12-31 | 0.45 |
| 2019-12-31 | 0.23 |
This slight upward trend highlights how Coretec Group Inc manages its short-term assets and liabilities over time.
Comparing Coretec Group Inc's Current Ratio to Peers
To better understand Coretec Group Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Coretec Group Inc (CRTG) | 1.01 |
| Ideal Power Inc (IPWR) | 28.57 |
| TNR Technical Inc (TNRK) | 6.09 |
| Lightscape Technologies Inc (LTSC) | 3.13 |
| EnSync Inc (ESNC) | 2.30 |
| Energy Focus Inc (EFOI) | 2.11 |
Compared to its competitors, Coretec Group Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.