As of May 22, 2025, Thorne Healthtech Inc (THRN) reports a Current Ratio of 2.95.
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 Thorne Healthtech Inc's Current Ratio
Over recent years, Thorne Healthtech Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2022-12-31 | 2.95 |
2021-12-31 | 3.93 |
2020-12-31 | 2.85 |
2019-12-31 | 1.04 |
This slight upward trend highlights how Thorne Healthtech Inc manages its short-term assets and liabilities over time.
Comparing Thorne Healthtech Inc's Current Ratio to Peers
To better understand Thorne Healthtech Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Thorne Healthtech Inc (THRN) | 2.95 |
Olaplex Holdings Inc (OLPX) | 10.67 |
China Zhong Qi Holdings Ltd (CHZQ) | 10.00 |
Beauty Health Co (SKIN) | 7.00 |
Medifast Inc (MED) | 3.34 |
Inter Parfums Inc (IPAR) | 2.75 |
Compared to its competitors, Thorne Healthtech Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.