As of June 21, 2025, Electric Car Company Inc (ELCR) reports a Current Ratio of 0.44.
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 Electric Car Company Inc's Current Ratio
Over recent years, Electric Car Company Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2009-12-31 | 0.44 |
| 2008-12-31 | 0.16 |
| 2007-12-31 | 2.00 |
This fluctuation highlights how Electric Car Company Inc manages its short-term assets and liabilities over time.
Comparing Electric Car Company Inc's Current Ratio to Peers
To better understand Electric Car Company Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Electric Car Company Inc (ELCR) | 0.44 |
| Porsche Automobil Holding SE (PAH3.DE) | 16.13 |
| Electrameccanica Vehicles Corp (SOLO) | 13.36 |
| Lordstown Motors Corp (RIDE) | 3.72 |
| KABE Group AB (KABE B.ST) | 3.08 |
| Trigano SA (TRI.PA) | 2.54 |
Compared to its competitors, Electric Car Company Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.