As of June 5, 2025, Love Group Global Ltd (LVE.AX) reports a Current Ratio of 2.07.
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 Love Group Global Ltd's Current Ratio
Over recent years, Love Group Global Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 2.07 |
| 2023-06-30 | 1.52 |
| 2022-06-30 | 1.44 |
| 2021-06-30 | 1.16 |
| 2020-06-30 | 1.57 |
This slight upward trend highlights how Love Group Global Ltd manages its short-term assets and liabilities over time.
Comparing Love Group Global Ltd's Current Ratio to Peers
To better understand Love Group Global Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Love Group Global Ltd (LVE.AX) | 2.07 |
| Ookami Ltd (OOK.AX) | 45.63 |
| Consolidated Financial Holdings Ltd (CWL.AX) | 10.42 |
| Registry Direct Ltd (RD1.AX) | 7.71 |
| Dropsuite Ltd (DSE.AX) | 6.03 |
| Redcastle Resources Ltd (TTL.AX) | 5.19 |
Compared to its competitors, Love Group Global Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.