As of May 27, 2025, Flitways Technology Inc (FTWS) 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 Flitways Technology Inc's Current Ratio
Over recent years, Flitways Technology Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-12-31 | 0.08 |
| 2017-12-31 | 0.02 |
| 2016-12-31 | 0.12 |
| 2015-12-31 | 0.07 |
| 2014-12-31 | 0.04 |
This slight upward trend highlights how Flitways Technology Inc manages its short-term assets and liabilities over time.
Comparing Flitways Technology Inc's Current Ratio to Peers
To better understand Flitways Technology Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Flitways Technology Inc (FTWS) | 0.08 |
| Sona Mobile Holdings Corp (SNMBQ) | 2.99 |
| Sibling Group Holdings Inc (SIBE) | 2.01 |
| American Nortel Communications Inc (ARTM) | 1.76 |
| Upay Inc (UPYY) | 1.11 |
| eMedia Group Inc (EMMD) | 0.88 |
Compared to its competitors, Flitways Technology Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.