As of June 17, 2025, Freestone Resources Inc (FSNR) reports a Current Ratio of 0.08.
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 Freestone Resources Inc's Current Ratio
Over recent years, Freestone Resources Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-06-30 | 0.08 |
| 2017-06-30 | 0.12 |
| 2016-06-30 | 0.15 |
| 2015-06-30 | 1.46 |
| 2014-06-30 | 1.05 |
This slight downward trend highlights how Freestone Resources Inc manages its short-term assets and liabilities over time.
Comparing Freestone Resources Inc's Current Ratio to Peers
To better understand Freestone Resources Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Freestone Resources Inc (FSNR) | 0.08 |
| Angstrom Technologies Inc (AGTT) | 14.36 |
| Pace Medical Inc (PMDL) | 4.53 |
| Millennium Cell Inc (MCELQ) | 2.31 |
| China Network Media Inc (CNNM) | 2.19 |
| Davi Luxury Brand Group Inc (MDAV) | 1.74 |
Compared to its competitors, Freestone Resources Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.