As of June 24, 2025, Cenntro Electric Group Ltd (NAKD) reports a Current Ratio of 2.23.
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 Cenntro Electric Group Ltd's Current Ratio
Over recent years, Cenntro Electric Group Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-01-31 | 2.23 |
| 2020-01-31 | 0.60 |
| 2019-01-31 | 0.53 |
| 2018-01-31 | 0.77 |
| 2017-01-31 | 0.76 |
This slight upward trend highlights how Cenntro Electric Group Ltd manages its short-term assets and liabilities over time.
Comparing Cenntro Electric Group Ltd's Current Ratio to Peers
To better understand Cenntro Electric Group Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Cenntro Electric Group Ltd (NAKD) | 2.23 |
| Mene Inc (MENE.V) | 7.08 |
| iFabric Corp (IFA.TO) | 4.42 |
| Movado Group Inc (MOV) | 4.34 |
| Lakeland Industries Inc (LAKE) | 3.91 |
| Jerash Holdings (US) Inc (JRSH) | 3.45 |
Compared to its competitors, Cenntro Electric Group Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.