As of June 8, 2025, Mercurity Fintech Holding Inc (MFH) reports a Current Ratio of 2.50.
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 Mercurity Fintech Holding Inc's Current Ratio
Over recent years, Mercurity Fintech Holding Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.50 |
| 2023-12-31 | 2.00 |
| 2022-12-31 | 5.36 |
| 2021-12-31 | 1.21 |
| 2020-12-31 | 3.57 |
This slight downward trend highlights how Mercurity Fintech Holding Inc manages its short-term assets and liabilities over time.
Comparing Mercurity Fintech Holding Inc's Current Ratio to Peers
To better understand Mercurity Fintech Holding Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Mercurity Fintech Holding Inc (MFH) | 2.50 |
| BlockMint Technologies Inc (BKMT.V) | 41.41 |
| Neptune Digital Assets Corp (NDA.V) | 23.21 |
| NamSys Inc (CTZ.V) | 9.45 |
| ZWSOFT Co Ltd Guangzhou (688083.SS) | 5.73 |
| Auddia Inc (AUUD) | 5.01 |
Compared to its competitors, Mercurity Fintech Holding Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.