As of June 1, 2025, Dimeco Inc (DIMC) reports a Current Ratio of 1.86.
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.
Comparing Dimeco Inc's Current Ratio to Peers
To better understand Dimeco Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Dimeco Inc (DIMC) | 1.86 |
| Uwharrie Capital Corp (UWHR) | 1.86 |
| Bank of the James (BOTJ) | 1.86 |
| United Bancorp Inc (UBCP) | 1.86 |
| American Bank Inc (AMBK) | 1.86 |
| Virginia National Bankshares Corp (VABK) | 1.86 |
Compared to its competitors, Dimeco Inc's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.