As of June 18, 2025, Caretech Holdings PLC (CTH.L) reports a Current Ratio of 1.06.
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 Caretech Holdings PLC's Current Ratio
Over recent years, Caretech Holdings PLC's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-09-30 | 1.06 |
| 2020-09-30 | 0.99 |
| 2019-09-30 | 0.80 |
| 2018-09-30 | 0.22 |
| 2017-09-30 | 0.87 |
This slight upward trend highlights how Caretech Holdings PLC manages its short-term assets and liabilities over time.
Comparing Caretech Holdings PLC's Current Ratio to Peers
To better understand Caretech Holdings PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Caretech Holdings PLC (CTH.L) | 1.06 |
| Rhoen Klinikum AG (RHK.DE) | 2.23 |
| M1 Kliniken AG (M12.DE) | 1.91 |
| Iaso Private General Obstetric Gynecological & Paediatrics Clinic Diagnostic The (IASO.AT) | 1.80 |
| Mediclin AG (MED.DE) | 1.79 |
| Mediclinic International PLC (MDC.L) | 1.79 |
Compared to its competitors, Caretech Holdings PLC's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.