As of June 14, 2025, Synacor Inc (SYNC) reports a Current Ratio of 1.07.
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 Synacor Inc's Current Ratio
Over recent years, Synacor Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2020-12-31 | 1.07 |
| 2019-12-31 | 1.16 |
| 2018-12-31 | 1.26 |
| 2017-12-31 | 1.25 |
| 2016-12-31 | 1.07 |
This slight downward trend highlights how Synacor Inc manages its short-term assets and liabilities over time.
Comparing Synacor Inc's Current Ratio to Peers
To better understand Synacor Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Synacor Inc (SYNC) | 1.07 |
| Symbolic Logic Inc (EVOL) | 21.65 |
| Support.com Inc (SPRT) | 9.64 |
| Bsquare Corp (BSQR) | 6.91 |
| Palantir Technologies Inc (PLTR) | 5.96 |
| Mind CTI Ltd (MNDO) | 5.78 |
Compared to its competitors, Synacor Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.