As of June 14, 2025, Lithium & Boron Technology Inc (LBTI) reports a Current Ratio of 0.32.
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 Lithium & Boron Technology Inc's Current Ratio
Over recent years, Lithium & Boron Technology Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 0.32 |
| 2020-12-31 | 1.36 |
| 2019-12-31 | 1.26 |
| 2018-12-31 | 0.29 |
| 2017-12-31 | 0.08 |
This slight downward trend highlights how Lithium & Boron Technology Inc manages its short-term assets and liabilities over time.
Comparing Lithium & Boron Technology Inc's Current Ratio to Peers
To better understand Lithium & Boron Technology Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Lithium & Boron Technology Inc (LBTI) | 0.32 |
| China Sun Group High-Tech Co (CSGH) | 14.64 |
| Plastec Technologies Ltd (PLTYF) | 7.11 |
| Tantech Holdings Ltd (TANH) | 6.57 |
| Loop Industries Inc (LOOP) | 3.50 |
| Trecora Resources (TREC) | 3.42 |
Compared to its competitors, Lithium & Boron Technology Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.