As of June 3, 2025, Slang Worldwide Inc (SLNG.CN) reports a Current Ratio of 0.68.
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 Slang Worldwide Inc's Current Ratio
Over recent years, Slang Worldwide Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 0.68 |
| 2022-12-31 | 2.01 |
| 2021-12-31 | 2.55 |
| 2020-12-31 | 1.04 |
| 2019-12-31 | 2.79 |
This slight downward trend highlights how Slang Worldwide Inc manages its short-term assets and liabilities over time.
Comparing Slang Worldwide Inc's Current Ratio to Peers
To better understand Slang Worldwide Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Slang Worldwide Inc (SLNG.CN) | 0.68 |
| Odonate Therapeutics Inc (ODT) | 5.90 |
| Aquestive Therapeutics Inc (AQST) | 4.68 |
| Supreme Cannabis Company Inc (FIRE.TO) | 4.54 |
| Biosyent Inc (RX.V) | 4.53 |
| Cardiol Therapeutics Inc (CRDL.TO) | 4.52 |
Compared to its competitors, Slang Worldwide Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.