As of May 29, 2025, Novus Robotics Inc (NRBT) reports a Current Ratio of 2.19.
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 Novus Robotics Inc's Current Ratio
Over recent years, Novus Robotics Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-12-31 | 2.19 |
| 2017-12-31 | 1.80 |
| 2016-12-31 | 1.04 |
| 2015-12-31 | 1.81 |
| 2014-12-31 | 3.42 |
This slight downward trend highlights how Novus Robotics Inc manages its short-term assets and liabilities over time.
Comparing Novus Robotics Inc's Current Ratio to Peers
To better understand Novus Robotics Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Novus Robotics Inc (NRBT) | 2.19 |
| Reko International Group Inc (REKO.V) | 6.27 |
| Omni Lite Industries Canada Inc (OML.V) | 6.16 |
| American Metal & Technology Inc (AMGY) | 5.94 |
| Chicago Rivet & Machine Co (CVR) | 5.67 |
| Conforce International Inc (CFRI) | 5.19 |
Compared to its competitors, Novus Robotics Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.