As of June 13, 2025, Elbit Medical Technologies Ltd (EMTC.TA) reports a Current Ratio of 5.71.
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 Elbit Medical Technologies Ltd's Current Ratio
Over recent years, Elbit Medical Technologies Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 5.71 |
| 2019-12-31 | 1.48 |
| 2018-12-31 | 2.49 |
| 2017-12-31 | 0.67 |
| 2016-12-31 | 0.53 |
This slight upward trend highlights how Elbit Medical Technologies Ltd manages its short-term assets and liabilities over time.
Comparing Elbit Medical Technologies Ltd's Current Ratio to Peers
To better understand Elbit Medical Technologies Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Elbit Medical Technologies Ltd (EMTC.TA) | 5.71 |
| PW Medtech Group Ltd (1358.HK) | 11.80 |
| Mediana Co Ltd (041920.KQ) | 11.09 |
| MITech Co Ltd (179290.KQ) | 9.95 |
| Icecure Medical Ltd (ICCM.TA) | 6.49 |
| Solborn Inc (035610.KQ) | 4.72 |
Compared to its competitors, Elbit Medical Technologies Ltd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.