As of June 17, 2025, Sobr Safe Inc (SOBR) reports a Current Ratio of 6.95.
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 Sobr Safe Inc's Current Ratio
Over recent years, Sobr Safe Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 6.95 |
| 2023-12-31 | 2.21 |
| 2022-12-31 | 3.20 |
| 2021-12-31 | 0.23 |
| 2020-12-31 | 0.38 |
This slight upward trend highlights how Sobr Safe Inc manages its short-term assets and liabilities over time.
Comparing Sobr Safe Inc's Current Ratio to Peers
To better understand Sobr Safe Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Sobr Safe Inc (SOBR) | 6.95 |
| Electro-Sensors Inc (ELSE) | 24.41 |
| Titan Logix Corp (TLA.V) | 19.44 |
| Bonal International Inc (BONL) | 18.56 |
| George Risk Industries Inc (RSKIA) | 15.30 |
| Image Sensing Systems Inc (ISNS) | 8.24 |
Compared to its competitors, Sobr Safe 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.