As of June 21, 2025, GrowGeneration Corp (GRWG) reports a Current Ratio of 4.71.
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 GrowGeneration Corp's Current Ratio
Over recent years, GrowGeneration Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 4.71 |
| 2023-12-31 | 4.74 |
| 2022-12-31 | 4.77 |
| 2021-12-31 | 4.61 |
| 2020-12-31 | 9.16 |
This slight downward trend highlights how GrowGeneration Corp manages its short-term assets and liabilities over time.
Comparing GrowGeneration Corp's Current Ratio to Peers
To better understand GrowGeneration Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| GrowGeneration Corp (GRWG) | 4.71 |
| Retail Holdings NV (RHDGF) | 13.11 |
| Advent-AWI Holdings Inc (AWI.V) | 5.81 |
| Carlotz Inc (LOTZ) | 5.01 |
| Bowlin Travel Centers Inc (BWTL) | 4.98 |
| Envela Corp (ELA) | 4.12 |
Compared to its competitors, GrowGeneration Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.