As of June 18, 2025, Ressources Minieres Radisson Inc (RDS.V) reports a Current Ratio of 11.08.
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 Ressources Minieres Radisson Inc's Current Ratio
Over recent years, Ressources Minieres Radisson Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 11.08 |
| 2021-12-31 | 6.22 |
| 2020-12-31 | 29.24 |
| 2019-12-31 | 13.99 |
| 2018-12-31 | 3.42 |
This slight upward trend highlights how Ressources Minieres Radisson Inc manages its short-term assets and liabilities over time.
Comparing Ressources Minieres Radisson Inc's Current Ratio to Peers
To better understand Ressources Minieres Radisson Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Ressources Minieres Radisson Inc (RDS.V) | 11.08 |
| Rhyolite Resources Ltd (RYE.V) | 117.08 |
| Royal Road Minerals Ltd (RYR.V) | 27.04 |
| West Vault Mining Inc (WVM.V) | 15.67 |
| New Oroperu Resources Inc (ORO.V) | 14.98 |
| AEX Gold Inc (AEX.V) | 13.16 |
Compared to its competitors, Ressources Minieres Radisson 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.