As of June 20, 2025, eXeBlock Technology Corp (XBLK.CN) reports a Current Ratio of 15.82.
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 eXeBlock Technology Corp's Current Ratio
Over recent years, eXeBlock Technology Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
Date | Current Ratio |
---|---|
2021-08-31 | 15.82 |
2020-08-31 | 22.37 |
2019-08-31 | 19.51 |
2018-08-31 | 4.03 |
2017-08-31 | 3.20 |
This steady improvement highlights how eXeBlock Technology Corp manages its short-term assets and liabilities over time.
Comparing eXeBlock Technology Corp's Current Ratio to Peers
To better understand eXeBlock Technology Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
eXeBlock Technology Corp (XBLK.CN) | 15.82 |
Yus International Group Ltd (YUSG) | 16.47 |
Grail Inc (GRAL) | 10.66 |
Biozoom Inc (BIZM) | 7.94 |
Cyberecord Inc (CYRD) | 6.00 |
Kinetic Group Inc (KNIT) | 3.62 |
Compared to its competitors, eXeBlock Technology Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.