As of June 17, 2025, Divergent Energy Services Corp (DVG.V) reports a Current Ratio of 1.07.
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 Divergent Energy Services Corp's Current Ratio
Over recent years, Divergent Energy Services Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 1.07 |
| 2021-12-31 | 1.15 |
| 2020-12-31 | 0.38 |
| 2019-12-31 | 0.46 |
| 2018-12-31 | 0.67 |
This slight downward trend highlights how Divergent Energy Services Corp manages its short-term assets and liabilities over time.
Comparing Divergent Energy Services Corp's Current Ratio to Peers
To better understand Divergent Energy Services Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Divergent Energy Services Corp (DVG.V) | 1.07 |
| FTS International Inc (FTSI) | 3.97 |
| Liandi Clean Technology Inc (LNDT) | 3.72 |
| Cwc Energy Services Corp (CWC.V) | 3.36 |
| Glori Energy Inc (GLRI) | 3.34 |
| Essential Energy Services Ltd (ESN.TO) | 3.10 |
Compared to its competitors, Divergent Energy Services Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.