As of May 31, 2025, Kronos Advanced Technologies Inc (KNOS) reports a Current Ratio of 0.72.
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 Kronos Advanced Technologies Inc's Current Ratio
Over recent years, Kronos Advanced Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-06-30 | 0.72 |
| 2021-06-30 | 0.72 |
| 2020-06-30 | 0.33 |
| 2019-06-30 | 0.24 |
| 2008-06-30 | 0.21 |
This steady improvement highlights how Kronos Advanced Technologies Inc manages its short-term assets and liabilities over time.
Comparing Kronos Advanced Technologies Inc's Current Ratio to Peers
To better understand Kronos Advanced Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Kronos Advanced Technologies Inc (KNOS) | 0.72 |
| 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 |
| International Baler Corp (IBAL) | 4.35 |
Compared to its competitors, Kronos Advanced Technologies Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.