As of May 27, 2025, Imperial Ginseng Products Ltd (IGP.V) reports a Current Ratio of 10.15.
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 Imperial Ginseng Products Ltd's Current Ratio
Over recent years, Imperial Ginseng Products Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 10.15 |
| 2023-06-30 | 15.08 |
| 2022-06-30 | 9.04 |
| 2021-06-30 | 10.05 |
| 2020-06-30 | 3.04 |
This slight downward trend highlights how Imperial Ginseng Products Ltd manages its short-term assets and liabilities over time.
Comparing Imperial Ginseng Products Ltd's Current Ratio to Peers
To better understand Imperial Ginseng Products Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Imperial Ginseng Products Ltd (IGP.V) | 10.15 |
| Palmboomen Cultuur Maatschappij Mopoli Palmeraies De Mopoli NV (MOP.BR) | 104.65 |
| Shandong Zhouyuan Seed and Nursery Co Ltd (SZSN) | 70.31 |
| Amaya Global Holdings Corp (AYAG) | 17.18 |
| Hawaiian Macadamia Nut Orchards LP (NNUTU) | 6.95 |
| Biomass Energy Project SA (BEP.WA) | 5.00 |
Compared to its competitors, Imperial Ginseng Products Ltd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.