As of June 17, 2025, Electromedical Technologies Inc (EMED) reports a Current Ratio of 0.13.
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 Electromedical Technologies Inc's Current Ratio
Over recent years, Electromedical Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 0.13 |
| 2022-12-31 | 0.22 |
| 2021-12-31 | 0.47 |
| 2020-12-31 | 0.32 |
| 2019-12-31 | 0.05 |
This gradual decrease highlights how Electromedical Technologies Inc manages its short-term assets and liabilities over time.
Comparing Electromedical Technologies Inc's Current Ratio to Peers
To better understand Electromedical Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Electromedical Technologies Inc (EMED) | 0.13 |
| Energy 1 Corp (EGOC) | 55.20 |
| HyPower Fuel Inc (HYPF) | 8.39 |
| OWC Pharmaceutical Research Corp (OWCP) | 8.03 |
| Canbud Distribution Corp (CBDX.CN) | 2.72 |
| Gaia Grow Corp (GAIA.CN) | 1.27 |
Compared to its competitors, Electromedical Technologies Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.