As of June 21, 2025, Perpetual Industries Inc (PRPI) reports a Current Ratio of 0.60.
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 Perpetual Industries Inc's Current Ratio
Over recent years, Perpetual Industries Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 0.60 |
| 2021-12-31 | 0.60 |
| 2020-12-31 | 1.82 |
| 2019-07-31 | 0.53 |
| 2018-07-31 | 0.13 |
This fluctuation highlights how Perpetual Industries Inc manages its short-term assets and liabilities over time.
Comparing Perpetual Industries Inc's Current Ratio to Peers
To better understand Perpetual Industries Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Perpetual Industries Inc (PRPI) | 0.60 |
| First America Resources Corp (FSTJ) | 17.04 |
| OWC Pharmaceutical Research Corp (OWCP) | 8.03 |
| Canbud Distribution Corp (CBDX.CN) | 2.72 |
| China Keli Electric Co Ltd (ZKL.H.V) | 0.57 |
| Greenbelt Resources Corp (GRCO) | 0.28 |
Compared to its competitors, Perpetual Industries 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.