As of June 20, 2025, Goldsource Mines Inc (GXS.V) reports a Current Ratio of 10.48.
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 Goldsource Mines Inc's Current Ratio
Over recent years, Goldsource Mines Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 10.48 |
| 2022-12-31 | 10.48 |
| 2021-12-31 | 14.40 |
| 2020-12-31 | 10.18 |
| 2019-12-31 | 6.18 |
This slight upward trend highlights how Goldsource Mines Inc manages its short-term assets and liabilities over time.
Comparing Goldsource Mines Inc's Current Ratio to Peers
To better understand Goldsource Mines Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Goldsource Mines Inc (GXS.V) | 10.48 |
| SStartrade Tech Inc (SSTT) | 158.27 |
| Rhyolite Resources Ltd (RYE.V) | 117.08 |
| Laurion Mineral Exploration Inc (LME.V) | 19.21 |
| West Vault Mining Inc (WVM.V) | 15.67 |
| New Oroperu Resources Inc (ORO.V) | 14.98 |
Compared to its competitors, Goldsource Mines Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.