As of June 21, 2025, Integrated Green Energy Solutions Ltd (IGE.AX) reports a Current Ratio of 0.07.
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 Integrated Green Energy Solutions Ltd's Current Ratio
Over recent years, Integrated Green Energy Solutions Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-06-30 | 0.07 |
| 2019-06-30 | 0.09 |
| 2018-06-30 | 0.43 |
| 2017-06-30 | 0.07 |
| 2016-06-30 | 0.06 |
This slight downward trend highlights how Integrated Green Energy Solutions Ltd manages its short-term assets and liabilities over time.
Comparing Integrated Green Energy Solutions Ltd's Current Ratio to Peers
To better understand Integrated Green Energy Solutions Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Integrated Green Energy Solutions Ltd (IGE.AX) | 0.07 |
| Phoslock Environmental Technologies Ltd (PET.AX) | 13.00 |
| Akkhie Prakarn Public Company Limited (AKP.BK) | 5.68 |
| Colex Holdings Ltd (567.SI) | 5.53 |
| Reclaims Global Ltd (NEX.SI) | 4.64 |
| Brite-Tech Bhd (BTECH.KL) | 4.27 |
Compared to its competitors, Integrated Green Energy Solutions Ltd's Current Ratio is lower than all peers, suggesting tighter liquidity management or potential short-term obligations concerns.