As of June 15, 2025, Vitana-X Inc (VITX) reports a Current Ratio of 0.08.
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 Vitana-X Inc's Current Ratio
Over recent years, Vitana-X Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-09-30 | 0.08 |
| 2017-09-30 | 1.01 |
| 2016-09-30 | 1.39 |
| 2015-09-30 | 4.47 |
| 2014-09-30 | 1.66 |
This gradual decrease highlights how Vitana-X Inc manages its short-term assets and liabilities over time.
Comparing Vitana-X Inc's Current Ratio to Peers
To better understand Vitana-X Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Vitana-X Inc (VITX) | 0.08 |
| Globex Data Ltd (SWIS.CN) | 73.86 |
| HBP Energy Corp (HBPE) | 11.08 |
| iMining Technologies Inc (IMIN.V) | 6.37 |
| Evolutionary Genomics Inc (FNAM) | 3.92 |
| Unex Holdings Inc (UNEX) | 1.93 |
Compared to its competitors, Vitana-X Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.