As of May 28, 2025, ITEX Corp (ITEX) reports a Current Ratio of 3.46.
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 ITEX Corp's Current Ratio
Over recent years, ITEX Corp's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2016-07-31 | 3.46 |
2015-07-31 | 2.55 |
2014-07-31 | 3.70 |
This fluctuation highlights how ITEX Corp manages its short-term assets and liabilities over time.
Comparing ITEX Corp's Current Ratio to Peers
To better understand ITEX Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
ITEX Corp (ITEX) | 3.46 |
Eko International Corp (EKNL) | 1943.50 |
AMREP Corp (AXR) | 20.16 |
Performant Financial Corp (PFMT) | 3.21 |
Edd Helms Group Inc (EDHD) | 2.30 |
Vegalab Inc (VEGL) | 1.98 |
Compared to its competitors, ITEX 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.