As of June 3, 2025, NamSys Inc (CTZ.V) reports a Current Ratio of 9.45.
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 NamSys Inc's Current Ratio
Over recent years, NamSys Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-10-31 | 9.45 |
| 2023-10-31 | 10.15 |
| 2022-10-31 | 10.10 |
| 2021-10-31 | 6.62 |
| 2020-10-31 | 1.69 |
This slight upward trend highlights how NamSys Inc manages its short-term assets and liabilities over time.
Comparing NamSys Inc's Current Ratio to Peers
To better understand NamSys Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| NamSys Inc (CTZ.V) | 9.45 |
| BlockMint Technologies Inc (BKMT.V) | 41.41 |
| Auddia Inc (AUUD) | 5.01 |
| Cipherloc Corp (CLOK) | 4.19 |
| hopTo Inc (HPTO) | 3.60 |
| AirIQ Inc (IQ.V) | 3.51 |
Compared to its competitors, NamSys 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.