As of June 21, 2025, Farmmi Inc (FAMI) reports a Current Ratio of 16.10.
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 Farmmi Inc's Current Ratio
Over recent years, Farmmi Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-09-30 | 16.10 |
| 2023-09-30 | 14.76 |
| 2022-09-30 | 18.47 |
| 2021-09-30 | 37.88 |
| 2020-09-30 | 4.40 |
This slight upward trend highlights how Farmmi Inc manages its short-term assets and liabilities over time.
Comparing Farmmi Inc's Current Ratio to Peers
To better understand Farmmi Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Farmmi Inc (FAMI) | 16.10 |
| China Modern Agricultural Information Inc (CMCI) | 31.18 |
| BIQI International Holdings Corp (BIQIF) | 19.52 |
| Paradise Inc (PARF) | 9.72 |
| Hawaiian Macadamia Nut Orchards LP (NNUTU) | 6.95 |
| Man Shing Agricultural Holdings Inc (MSAH) | 6.92 |
Compared to its competitors, Farmmi Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.