As of June 18, 2025, Encision Inc (ECIA) reports a Current Ratio of 1.99.
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 Encision Inc's Current Ratio
Over recent years, Encision Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-03-31 | 1.99 |
| 2023-03-31 | 2.76 |
| 2022-03-31 | 2.82 |
| 2021-03-31 | 3.48 |
| 2020-03-31 | 2.10 |
This slight downward trend highlights how Encision Inc manages its short-term assets and liabilities over time.
Comparing Encision Inc's Current Ratio to Peers
To better understand Encision Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Encision Inc (ECIA) | 1.99 |
| Stock Trend Capital Inc (PUMP.CN) | 16.17 |
| NeuroMetrix Inc (NURO) | 14.83 |
| Photoelectron Corp (PECN) | 6.85 |
| Cell Tech International Inc (EFLI) | 4.97 |
| Viveve Medical Inc (VIVE) | 4.91 |
Compared to its competitors, Encision Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.