As of June 3, 2025, Taitron Components Inc (TAIT) reports a Current Ratio of 12.00.
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 Taitron Components Inc's Current Ratio
Over recent years, Taitron Components Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 12.00 |
| 2023-12-31 | 11.01 |
| 2022-12-31 | 11.98 |
| 2021-12-31 | 5.06 |
| 2020-12-31 | 12.63 |
This slight upward trend highlights how Taitron Components Inc manages its short-term assets and liabilities over time.
Comparing Taitron Components Inc's Current Ratio to Peers
To better understand Taitron Components Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Taitron Components Inc (TAIT) | 12.00 |
| Zunicom Inc (ZNCM) | 7.55 |
| Surge Components Inc (SPRS) | 4.72 |
| Wireless Xcessories Group Inc (WIRX) | 3.95 |
| Holders Technology PLC (HDT.L) | 3.50 |
| PC Connection Inc (CNXN) | 3.14 |
Compared to its competitors, Taitron Components Inc's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.