As of May 27, 2025, Transportation and Logistics Systems Inc (TLSS) reports a Current Ratio of 0.01.
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 Transportation and Logistics Systems Inc's Current Ratio
Over recent years, Transportation and Logistics Systems Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.01 |
| 2022-12-31 | 0.48 |
| 2021-12-31 | 6.71 |
| 2020-12-31 | 0.08 |
| 2019-12-31 | 0.14 |
This slight downward trend highlights how Transportation and Logistics Systems Inc manages its short-term assets and liabilities over time.
Comparing Transportation and Logistics Systems Inc's Current Ratio to Peers
To better understand Transportation and Logistics Systems Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Transportation and Logistics Systems Inc (TLSS) | 0.01 |
| Addentax Group Corp (ATXG) | 6.37 |
| Air T Inc (AIRT) | 2.20 |
| Jetpak Top Holding AB (publ) (JETPAK.ST) | 1.86 |
| Expeditors International of Washington Inc (EXPD) | 1.77 |
| Radiant Logistics Inc (RLGT) | 1.49 |
Compared to its competitors, Transportation and Logistics Systems Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.