As of June 17, 2025, GTX Corp (GTXO) reports a Current Ratio of 0.10.
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 GTX Corp's Current Ratio
Over recent years, GTX Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 0.10 |
| 2020-12-31 | 0.09 |
| 2019-12-31 | 0.07 |
| 2018-12-31 | 0.05 |
| 2017-12-31 | 0.11 |
This slight upward trend highlights how GTX Corp manages its short-term assets and liabilities over time.
Comparing GTX Corp's Current Ratio to Peers
To better understand GTX Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| GTX Corp (GTXO) | 0.10 |
| Koss Corp (KOSS) | 16.89 |
| Emerson Radio Corp (MSN) | 14.49 |
| Vuzix Corp (VUZI) | 12.65 |
| Dantax A/S (DANT.CO) | 7.55 |
| Nephros Inc (NEPH) | 5.31 |
Compared to its competitors, GTX Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.