As of May 29, 2025, Neptune Wellness Solutions Inc (NEPT.TO) reports a Current Ratio of 1.23.
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 Neptune Wellness Solutions Inc's Current Ratio
Over recent years, Neptune Wellness Solutions Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-03-31 | 1.23 |
| 2021-03-31 | 2.57 |
| 2020-03-31 | 2.26 |
| 2019-03-31 | 1.23 |
| 2018-03-31 | 3.30 |
This slight upward trend highlights how Neptune Wellness Solutions Inc manages its short-term assets and liabilities over time.
Comparing Neptune Wellness Solutions Inc's Current Ratio to Peers
To better understand Neptune Wellness Solutions Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Neptune Wellness Solutions Inc (NEPT.TO) | 1.23 |
| Guardion Health Sciences Inc (GHSI) | 9.01 |
| China Health Industries Holdings Inc (CHHE) | 6.86 |
| United-Guardian Inc (UG) | 6.62 |
| Scott's Liquid Gold-Inc (SLGD) | 5.80 |
| Nutriband Inc (NTRB) | 4.88 |
Compared to its competitors, Neptune Wellness Solutions Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.