As of June 3, 2025, Edgewater Exploration Ltd (EDW.H.V) reports a Current Ratio of 0.27.
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 Edgewater Exploration Ltd's Current Ratio
Over recent years, Edgewater Exploration Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.27 |
| 2023-12-31 | 0.30 |
| 2022-12-31 | 0.31 |
| 2021-12-31 | 0.40 |
| 2020-12-31 | 0.42 |
This gradual decrease highlights how Edgewater Exploration Ltd manages its short-term assets and liabilities over time.
Comparing Edgewater Exploration Ltd's Current Ratio to Peers
To better understand Edgewater Exploration Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Edgewater Exploration Ltd (EDW.H.V) | 0.27 |
| Aben Resources Ltd (ABN.V) | 8.89 |
| Rackla Metals Inc (RAK.V) | 8.02 |
| GoldON Resources Ltd (GLD.V) | 7.86 |
| C2C Gold Corp (CTOC.CN) | 5.37 |
| Rugby Resources Ltd (RUG.V) | 4.77 |
Compared to its competitors, Edgewater Exploration Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.