As of June 16, 2025, Empire Metals Ltd (EEE.L) reports a Current Ratio of 4.08.
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 Empire Metals Ltd's Current Ratio
Over recent years, Empire Metals Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 4.08 |
| 2021-12-31 | 18.45 |
| 2020-12-31 | 41.74 |
| 2019-12-31 | 2.40 |
| 2018-12-31 | 2.75 |
This slight downward trend highlights how Empire Metals Ltd manages its short-term assets and liabilities over time.
Comparing Empire Metals Ltd's Current Ratio to Peers
To better understand Empire Metals Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Empire Metals Ltd (EEE.L) | 4.08 |
| Kodal Minerals PLC (KOD.L) | 142.38 |
| Bacanora Lithium PLC (BCN.L) | 31.06 |
| Ormonde Mining PLC (ORQ1.IR) | 30.27 |
| Power Metal Resources PLC (POW.L) | 10.12 |
| Horizonte Minerals PLC (HZM.L) | 7.34 |
Compared to its competitors, Empire Metals Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.