As of June 3, 2025, Calipharms Inc (KGET) reports a Current Ratio of 0.01.
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 Calipharms Inc's Current Ratio
Over recent years, Calipharms Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2015-12-31 | 0.01 |
| 2014-12-31 | 0.01 |
| 2013-12-31 | 0.00 |
This steady improvement highlights how Calipharms Inc manages its short-term assets and liabilities over time.
Comparing Calipharms Inc's Current Ratio to Peers
To better understand Calipharms Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Calipharms Inc (KGET) | 0.01 |
| Shengkai Innovations Inc (VALV) | 23.41 |
| Omni Lite Industries Canada Inc (OML.V) | 6.16 |
| American Metal & Technology Inc (AMGY) | 5.94 |
| Chicago Rivet & Machine Co (CVR) | 5.67 |
| Conforce International Inc (CFRI) | 5.19 |
Compared to its competitors, Calipharms Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.