As of June 20, 2025, TAAL Distributed Information Technologies Inc (TAAL.CN) reports a Current Ratio of 5.73.
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 TAAL Distributed Information Technologies Inc's Current Ratio
Over recent years, TAAL Distributed Information Technologies Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 5.73 |
| 2020-12-31 | 1.30 |
| 2019-12-31 | 2.00 |
| 2018-12-31 | 225.23 |
| 2017-10-31 | 5.05 |
This slight downward trend highlights how TAAL Distributed Information Technologies Inc manages its short-term assets and liabilities over time.
Comparing TAAL Distributed Information Technologies Inc's Current Ratio to Peers
To better understand TAAL Distributed Information Technologies Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| TAAL Distributed Information Technologies Inc (TAAL.CN) | 5.73 |
| MustGrow Biologics Corp (MGRO.CN) | 11.24 |
| Mind Cure Health Inc (MCUR.CN) | 4.76 |
| HAVN Life Sciences Inc (HAVN.CN) | 4.51 |
| Cloud Nine Web3 Technologies Inc (CNI.CN) | 3.58 |
| CYIOS Corp (CYIO) | 3.26 |
Compared to its competitors, TAAL Distributed Information Technologies 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.