As of June 17, 2025, GlyEco Inc (GLYE) reports a Current Ratio of 0.36.
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 GlyEco Inc's Current Ratio
Over recent years, GlyEco Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-12-31 | 0.36 |
| 2017-12-31 | 0.51 |
| 2016-12-31 | 0.67 |
| 2015-12-31 | 1.52 |
| 2014-12-31 | 0.92 |
This fluctuation highlights how GlyEco Inc manages its short-term assets and liabilities over time.
Comparing GlyEco Inc's Current Ratio to Peers
To better understand GlyEco Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| GlyEco Inc (GLYE) | 0.36 |
| EcoSynthetix Inc (ECO.TO) | 19.31 |
| Lightwave Logic Inc (LWLG) | 15.75 |
| Chase Corp (CCF) | 12.36 |
| Danimer Scientific Inc (DNMR) | 6.87 |
| FutureFuel Corp (FF) | 4.95 |
Compared to its competitors, GlyEco Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.