As of May 29, 2025, Integrity Applications Inc (IGAP) reports a Current Ratio of 7.61.
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 Integrity Applications Inc's Current Ratio
Over recent years, Integrity Applications Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 7.61 |
| 2019-12-31 | 0.32 |
| 2018-12-31 | 0.10 |
| 2017-12-31 | 0.33 |
| 2016-12-31 | 0.86 |
This slight downward trend highlights how Integrity Applications Inc manages its short-term assets and liabilities over time.
Comparing Integrity Applications Inc's Current Ratio to Peers
To better understand Integrity Applications Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Integrity Applications Inc (IGAP) | 7.61 |
| Vivos Inc (RDGL) | 25.91 |
| Stock Trend Capital Inc (PUMP.CN) | 16.17 |
| Sensus Healthcare Inc (SRTS) | 9.64 |
| InVivo Therapeutics Holdings Corp (NVIV) | 7.13 |
| Viveve Medical Inc (VIVE) | 4.91 |
Compared to its competitors, Integrity Applications Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.