As of June 21, 2025, Sino Assurance Inc (SNAS) reports a Current Ratio of 1.40.
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 Sino Assurance Inc's Current Ratio
Over recent years, Sino Assurance Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2011-12-31 | 1.40 |
| 2010-12-31 | 1.74 |
| 2009-12-31 | 1.93 |
| 2008-12-31 | 1.81 |
| 2007-12-31 | 1.81 |
This slight downward trend highlights how Sino Assurance Inc manages its short-term assets and liabilities over time.
Comparing Sino Assurance Inc's Current Ratio to Peers
To better understand Sino Assurance Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Sino Assurance Inc (SNAS) | 1.40 |
| Royalty North Partners Ltd (RNP.V) | 37.76 |
| Viewtran Group Inc (VIEWF) | 31.36 |
| Hudson Capital Inc. (HUSN) | 22.51 |
| CCUR Holdings Inc (CCUR) | 15.00 |
| LM Funding America Inc (LMFA) | 8.64 |
Compared to its competitors, Sino Assurance Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.