As of May 27, 2025, Ravenquest Biomed Inc (RQB.CN) reports a Current Ratio of 1.14.
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 Ravenquest Biomed Inc's Current Ratio
Over recent years, Ravenquest Biomed Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-10-31 | 1.14 |
| 2017-10-31 | 3.24 |
| 2016-10-31 | 0.01 |
| 2015-10-31 | 0.01 |
| 2014-10-31 | 0.03 |
This gradual decrease highlights how Ravenquest Biomed Inc manages its short-term assets and liabilities over time.
Comparing Ravenquest Biomed Inc's Current Ratio to Peers
To better understand Ravenquest Biomed Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Ravenquest Biomed Inc (RQB.CN) | 1.14 |
| Lightbridge Corp (LTBR) | 94.95 |
| 1PM Industries Inc (OPMZ) | 13.94 |
| Resources Connection Inc (RGP) | 3.32 |
| ATIF Holdings Ltd (ATIF) | 2.93 |
| Exponent Inc (EXPO) | 2.74 |
Compared to its competitors, Ravenquest Biomed Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.