As of May 31, 2025, Novavis Group SA (NVG.WA) reports a Current Ratio of 0.41.
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 Novavis Group SA's Current Ratio
Over recent years, Novavis Group SA's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 0.41 |
| 2022-12-31 | 0.55 |
| 2021-12-31 | 1.08 |
| 2020-12-31 | 2.27 |
| 2019-12-31 | 0.92 |
This slight downward trend highlights how Novavis Group SA manages its short-term assets and liabilities over time.
Comparing Novavis Group SA's Current Ratio to Peers
To better understand Novavis Group SA's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Novavis Group SA (NVG.WA) | 0.41 |
| Marechale Capital PLC (MAC.L) | 47.63 |
| Worldsec Ltd (WSL.L) | 6.89 |
| Bitcoin Group SE (ADE.DE) | 4.93 |
| Letus Capital SA (LET.WA) | 4.02 |
| Cenkos Securities PLC (CNKS.L) | 3.91 |
Compared to its competitors, Novavis Group SA's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.