As of July 16, 2025, Natural Blue Resources Inc (NTUR) reports a Current Ratio of 0.95.
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 Natural Blue Resources Inc's Current Ratio
Over recent years, Natural Blue Resources Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2009-12-31 | 0.95 |
| 2008-12-31 | 0.62 |
| 2007-12-31 | 0.46 |
| 2006-12-31 | 0.06 |
| 2005-12-31 | 0.05 |
This steady improvement highlights how Natural Blue Resources Inc manages its short-term assets and liabilities over time.
Comparing Natural Blue Resources Inc's Current Ratio to Peers
To better understand Natural Blue Resources Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Natural Blue Resources Inc (NTUR) | 0.95 |
| Solucorp Industries Ltd (SLUP) | 2.75 |
| IGS Capital Group Ltd (IGSC) | 2.21 |
| Integrated Environmental Technologies Ltd (IEVM) | 1.09 |
| QHY Group (QHYG) | 1.02 |
| NNRF Inc (NNRI) | 0.86 |
Compared to its competitors, Natural Blue Resources Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.