As of May 29, 2025, Dunedin Enterprise Investment Trust PLC (DNE.L) reports a Current Ratio of 137.69.
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 Dunedin Enterprise Investment Trust PLC's Current Ratio
Over recent years, Dunedin Enterprise Investment Trust PLC's Current Ratio has shown significant volatility. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2023-12-31 | 137.69 |
2022-12-31 | 50.43 |
2021-12-31 | 146.74 |
2020-12-31 | 0.53 |
2019-12-31 | 2.22 |
This slight downward trend highlights how Dunedin Enterprise Investment Trust PLC manages its short-term assets and liabilities over time.
Comparing Dunedin Enterprise Investment Trust PLC's Current Ratio to Peers
To better understand Dunedin Enterprise Investment Trust PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Dunedin Enterprise Investment Trust PLC (DNE.L) | 137.69 |
Nebag ag (NBEN.SW) | 241.79 |
Northern Venture Trust PLC (NVT.L) | 169.88 |
Income and Growth VCT PLC (IGV.L) | 128.65 |
Mobeus Income & Growth 4 VCT PLC (MIG4.L) | 118.74 |
Riverstone Credit Opportunities Income PLC (RCOI.L) | 93.26 |
Compared to its competitors, Dunedin Enterprise Investment Trust PLC's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.