As of May 27, 2025, iFabric Corp (IFA.TO) reports a Current Ratio of 4.42.
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 iFabric Corp's Current Ratio
Over recent years, iFabric Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 4.42 |
| 2023-12-31 | 4.61 |
| 2022-09-30 | 5.69 |
| 2021-09-30 | 4.83 |
| 2020-09-30 | 1.76 |
This slight downward trend highlights how iFabric Corp manages its short-term assets and liabilities over time.
Comparing iFabric Corp's Current Ratio to Peers
To better understand iFabric Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| iFabric Corp (IFA.TO) | 4.42 |
| Mene Inc (MENE.V) | 10.04 |
| Movado Group Inc (MOV) | 4.34 |
| Lakeland Industries Inc (LAKE) | 3.91 |
| Jerash Holdings (US) Inc (JRSH) | 3.45 |
| JLM Couture Inc (JLMC) | 3.01 |
Compared to its competitors, iFabric 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.