As of June 21, 2025, Trans-Pacific Aerospace Company Inc (TPAC) 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 Trans-Pacific Aerospace Company Inc's Current Ratio
Over recent years, Trans-Pacific Aerospace Company Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2016-10-31 | 0.01 |
| 2015-10-31 | 0.02 |
| 2014-10-31 | 0.05 |
| 2013-10-31 | 0.06 |
| 2012-10-31 | 0.05 |
This gradual decrease highlights how Trans-Pacific Aerospace Company Inc manages its short-term assets and liabilities over time.
Comparing Trans-Pacific Aerospace Company Inc's Current Ratio to Peers
To better understand Trans-Pacific Aerospace Company Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Trans-Pacific Aerospace Company Inc (TPAC) | 0.01 |
| Opt-Sciences Corp (OPST) | 25.19 |
| Astrotech Corp (ASTC) | 13.74 |
| Nanotech Security Corp (NTS.V) | 5.72 |
| Innovative Solutions and Support Inc (ISSC) | 4.77 |
| VirTra Inc (VTSI) | 4.61 |
Compared to its competitors, Trans-Pacific Aerospace Company Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.