As of June 10, 2025, Kandi Technologies Group Inc (KNDI) reports a Current Ratio of 2.95.
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 Kandi Technologies Group Inc's Current Ratio
Over recent years, Kandi Technologies Group Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.95 |
| 2023-12-31 | 4.48 |
| 2022-12-31 | 4.04 |
| 2021-12-31 | 5.34 |
| 2020-12-31 | 3.67 |
This slight downward trend highlights how Kandi Technologies Group Inc manages its short-term assets and liabilities over time.
Comparing Kandi Technologies Group Inc's Current Ratio to Peers
To better understand Kandi Technologies Group Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Kandi Technologies Group Inc (KNDI) | 2.95 |
| Spectra Products Inc (SSA.V) | 9.29 |
| Kuang-Chi Technologies Co Ltd (002625.SZ) | 9.05 |
| Adomani Inc (ADOM) | 5.05 |
| Motorvac Technologies Inc (MVAC) | 4.70 |
| Environmental Solutions Worldwide Inc (ESWW) | 3.29 |
Compared to its competitors, Kandi Technologies Group 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.