As of June 3, 2025, SolGold PLC (SOLG.L) reports a Current Ratio of 0.53.
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 SolGold PLC's Current Ratio
Over recent years, SolGold PLC's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-06-30 | 0.53 |
| 2021-06-30 | 14.83 |
| 2020-06-30 | 2.31 |
| 2019-06-30 | 6.86 |
| 2018-06-30 | 9.10 |
This slight downward trend highlights how SolGold PLC manages its short-term assets and liabilities over time.
Comparing SolGold PLC's Current Ratio to Peers
To better understand SolGold PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| SolGold PLC (SOLG.L) | 0.53 |
| Condor Gold PLC (CNR.L) | 239.38 |
| Euro Ressources SA (EUR.PA) | 23.50 |
| Primorus Investments PLC (PRIM.L) | 22.84 |
| Ariana Resources PLC (AAU.L) | 11.84 |
| Cora Gold Ltd (CORA.L) | 4.24 |
Compared to its competitors, SolGold PLC's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.