As of June 2, 2025, Newage Inc (NBEV) reports a Current Ratio of 1.04.
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 Newage Inc's Current Ratio
Over recent years, Newage Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 1.04 |
| 2019-12-31 | 1.42 |
| 2018-12-31 | 1.74 |
| 2017-12-31 | 1.57 |
| 2016-12-31 | 0.88 |
This slight upward trend highlights how Newage Inc manages its short-term assets and liabilities over time.
Comparing Newage Inc's Current Ratio to Peers
To better understand Newage Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Newage Inc (NBEV) | 1.04 |
| Andrew Peller Ltd (ADW.A.TO) | 3.92 |
| National Beverage Corp (FIZZ) | 3.89 |
| Celsius Holdings Inc (CELH) | 3.62 |
| Monster Beverage Corp (MNST) | 3.32 |
| EQUATOR Beverage Company (MOJO) | 2.40 |
Compared to its competitors, Newage Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.