As of June 3, 2025, Paneltech International Holdings Inc (PNLT) reports a Current Ratio of 0.68.
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 Paneltech International Holdings Inc's Current Ratio
Over recent years, Paneltech International Holdings Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2010-12-31 | 0.68 |
| 2009-12-31 | 1.16 |
| 2009-03-31 | 0.15 |
| 2008-03-31 | 0.07 |
| 2007-03-31 | 1.01 |
This fluctuation highlights how Paneltech International Holdings Inc manages its short-term assets and liabilities over time.
Comparing Paneltech International Holdings Inc's Current Ratio to Peers
To better understand Paneltech International Holdings Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Paneltech International Holdings Inc (PNLT) | 0.68 |
| Mentor Capital Inc (MNTR) | 72.31 |
| Sonics & Materials Inc (SIMA) | 25.28 |
| Hanyuan Biotech International Inc (TNPH) | 14.21 |
| Flamemaster Corp (FAME) | 13.56 |
| Isomet Corp (IOMT) | 8.73 |
Compared to its competitors, Paneltech International Holdings Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.