As of June 15, 2025, Speed Commerce Inc (SPDC) reports a Current Ratio of 0.89.
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 Speed Commerce Inc's Current Ratio
Over recent years, Speed Commerce Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2015-03-31 | 0.89 |
2014-03-31 | 0.84 |
2013-03-31 | 0.87 |
2012-03-31 | 1.08 |
2011-03-31 | 1.19 |
This slight downward trend highlights how Speed Commerce Inc manages its short-term assets and liabilities over time.
Comparing Speed Commerce Inc's Current Ratio to Peers
To better understand Speed Commerce Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Speed Commerce Inc (SPDC) | 0.89 |
Taitron Components Inc (TAIT) | 12.00 |
Zunicom Inc (ZNCM) | 7.55 |
Supercom Ltd (SPCB) | 7.01 |
Richardson Electronics Ltd (RELL) | 5.05 |
Surge Components Inc (SPRS) | 4.72 |
Compared to its competitors, Speed Commerce Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.