As of May 31, 2025, XpresSpa Group Inc (XSPA) reports a Current Ratio of 5.50.
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 XpresSpa Group Inc's Current Ratio
Over recent years, XpresSpa Group Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 5.50 |
| 2020-12-31 | 6.80 |
| 2019-12-31 | 0.24 |
| 2018-12-31 | 0.35 |
| 2017-12-31 | 1.29 |
This gradual decrease highlights how XpresSpa Group Inc manages its short-term assets and liabilities over time.
Comparing XpresSpa Group Inc's Current Ratio to Peers
To better understand XpresSpa Group Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| XpresSpa Group Inc (XSPA) | 5.50 |
| K2 LT AB (K2LT.VS) | 4.41 |
| Stonemor Inc (STON) | 3.63 |
| Select Interior Concepts Inc (SIC) | 2.04 |
| Onespaworld Holdings Ltd (OSW) | 2.03 |
| Collectors Universe Inc (CLCT) | 1.76 |
Compared to its competitors, XpresSpa Group Inc's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.