As of May 28, 2025, Sonics & Materials Inc (SIMA) reports a Current Ratio of 25.28.
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 Sonics & Materials Inc's Current Ratio
Over recent years, Sonics & Materials Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 25.28 |
| 2002-06-30 | 4.38 |
| 2001-06-30 | 2.57 |
| 2000-06-30 | 2.46 |
| 1999-06-30 | 2.31 |
This steady improvement highlights how Sonics & Materials Inc manages its short-term assets and liabilities over time.
Comparing Sonics & Materials Inc's Current Ratio to Peers
To better understand Sonics & Materials Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Sonics & Materials Inc (SIMA) | 25.28 |
| Mentor Capital Inc (MNTR) | 72.31 |
| Hanyuan Biotech International Inc (TNPH) | 14.21 |
| Flamemaster Corp (FAME) | 13.56 |
| Isomet Corp (IOMT) | 8.73 |
| Lancer Orthodontics Inc (LANZ) | 5.40 |
Compared to its competitors, Sonics & Materials 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.