As of May 28, 2025, Golden Prospect Precious Metals Ltd (GPM.L) reports a Current Ratio of 0.06.
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 Golden Prospect Precious Metals Ltd's Current Ratio
Over recent years, Golden Prospect Precious Metals Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.06 |
| 2023-12-31 | 0.07 |
| 2022-12-31 | 0.07 |
| 2021-12-31 | 0.00 |
| 2020-12-31 | 0.01 |
This gradual decrease highlights how Golden Prospect Precious Metals Ltd manages its short-term assets and liabilities over time.
Comparing Golden Prospect Precious Metals Ltd's Current Ratio to Peers
To better understand Golden Prospect Precious Metals Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Golden Prospect Precious Metals Ltd (GPM.L) | 0.06 |
| Nebag ag (NBEN.SW) | 241.79 |
| Dunedin Enterprise Investment Trust PLC (DNE.L) | 137.69 |
| Downing Strategic Micro-Cap Investment Trust PLC (DSM.L) | 122.06 |
| Mobeus Income & Growth 2 VCT PLC (MIG.L) | 119.35 |
| Mobeus Income & Growth 4 VCT PLC (MIG4.L) | 118.74 |
Compared to its competitors, Golden Prospect Precious Metals Ltd's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.