As of June 21, 2025, Waxman Industries Inc (WXMN) reports a Current Ratio of 1.53.
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 Waxman Industries Inc's Current Ratio
Over recent years, Waxman Industries Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2003-06-30 | 1.53 |
| 2002-06-30 | 1.47 |
| 2001-06-30 | 1.34 |
| 2000-06-30 | 0.85 |
| 1999-06-30 | 2.39 |
This slight upward trend highlights how Waxman Industries Inc manages its short-term assets and liabilities over time.
Comparing Waxman Industries Inc's Current Ratio to Peers
To better understand Waxman Industries Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Waxman Industries Inc (WXMN) | 1.53 |
| NewAx Inc (NWXJ) | 6.98 |
| Jiucaitong Group Ltd (JCTG) | 4.94 |
| Loha Co Ltd (LOHA) | 4.89 |
| Sterling Consolidated Corp (STCC) | 2.83 |
| JMax International Ltd (JMEXF) | 2.65 |
Compared to its competitors, Waxman Industries Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.