As of June 2, 2025, Rival Technologies Inc (RVTI) reports a Current Ratio of 0.01.
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 Rival Technologies Inc's Current Ratio
Over recent years, Rival Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2009-12-31 | 0.01 |
| 2008-12-31 | 0.05 |
| 2007-12-31 | 0.57 |
| 2006-12-31 | 3.94 |
| 2005-12-31 | 6.87 |
This gradual decrease highlights how Rival Technologies Inc manages its short-term assets and liabilities over time.
Comparing Rival Technologies Inc's Current Ratio to Peers
To better understand Rival Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Rival Technologies Inc (RVTI) | 0.01 |
| FTS International Inc (FTSI) | 3.97 |
| Liandi Clean Technology Inc (LNDT) | 3.72 |
| Cwc Energy Services Corp (CWC.V) | 3.36 |
| Glori Energy Inc (GLRI) | 3.34 |
| Essential Energy Services Ltd (ESN.TO) | 3.10 |
Compared to its competitors, Rival Technologies Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.