As of June 21, 2025, Methanex Corp (MX.TO) reports a Current Ratio of 2.62.
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 Methanex Corp's Current Ratio
Over recent years, Methanex Corp's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.62 |
| 2023-12-31 | 1.14 |
| 2022-12-31 | 1.99 |
| 2021-12-31 | 2.06 |
| 2020-12-31 | 2.08 |
This slight downward trend highlights how Methanex Corp manages its short-term assets and liabilities over time.
Comparing Methanex Corp's Current Ratio to Peers
To better understand Methanex Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Methanex Corp (MX.TO) | 2.62 |
| 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, Methanex Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.