As of June 1, 2025, International Seaways Inc (INSW) reports a Current Ratio of 2.87.
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 International Seaways Inc's Current Ratio
Over recent years, International Seaways Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.87 |
| 2023-12-31 | 2.38 |
| 2022-12-31 | 2.50 |
| 2021-12-31 | 0.96 |
| 2020-12-31 | 2.36 |
This slight downward trend highlights how International Seaways Inc manages its short-term assets and liabilities over time.
Comparing International Seaways Inc's Current Ratio to Peers
To better understand International Seaways Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| International Seaways Inc (INSW) | 2.87 |
| BP Midstream Partners LP (BPMP) | 11.01 |
| Ardmore Shipping Corp (ASC) | 4.24 |
| PBF Logistics LP (PBFX) | 3.65 |
| Dorian LPG Ltd (LPG) | 3.54 |
| StealthGas Inc (GASS) | 2.10 |
Compared to its competitors, International Seaways 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.