As of June 14, 2025, Prophotonix Ltd (PPIX.L) 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 Prophotonix Ltd's Current Ratio
Over recent years, Prophotonix Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 2.19 |
| 2019-12-31 | 1.67 |
| 2018-12-31 | 1.68 |
| 2017-12-31 | 1.62 |
| 2016-12-31 | 1.18 |
This slight upward trend highlights how Prophotonix Ltd manages its short-term assets and liabilities over time.
Comparing Prophotonix Ltd's Current Ratio to Peers
To better understand Prophotonix Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Prophotonix Ltd (PPIX.L) | 2.19 |
| Zytronic PLC (ZYT.L) | 8.32 |
| Newton Nordic AB (NEWTON.ST) | 7.24 |
| DATA MODUL Produktion und Vertrieb von elektronischen Systemen AG (DAM.DE) | 4.42 |
| Incap Oyj (ICP1V.HE) | 3.37 |
| Gooch & Housego PLC (GHH.L) | 3.19 |
Compared to its competitors, Prophotonix Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.