
Liquidity, historical trends, and peer comparisons.
According to Erda Resource Opportunities Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.91. This represents a change of 4.95% compared to the average of 3.72 of the last 4 quarters.
The mean historical Current Ratio of Erda Resource Opportunities Inc. over the last ten years is 10.58. The current 3.91 Current Ratio has changed -63.07% with respect to the historical average. Over the past ten years (40 quarters), ERDA.V's Current Ratio was at its highest in in the January 2023 quarter at 36.38. The Current Ratio was at its lowest in in the January 2018 quarter at 1.89.
Average
10.58
Median
7.13
Minimum
3.13
Maximum
33.52
Discovering the peaks and valleys of Erda Resource Opportunities Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 250.24%
Maximum Annual Current Ratio = 33.52
Minimum Annual Increase = -89.26%
Minimum Annual Current Ratio = 3.13
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.61 | -7.52% |
| 2024 | 3.90 | 8.40% |
| 2023 | 3.60 | -89.26% |
| 2022 | 33.52 | 38.76% |
| 2021 | 24.15 | 250.24% |
| 2020 | 6.90 | -26.50% |
| 2019 | 9.38 | -8.59% |
| 2018 | 10.27 | 227.67% |
| 2017 | 3.13 | -57.46% |
| 2016 | 7.36 | -28.15% |
The current Current Ratio of Erda Resource Opportunities Inc. (ERDA.V) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.70
5-year avg
13.76
10-year avg
10.58
Erda Resource Opportunities Inc.’s Current Ratio is greater than Cantex Mine Development Corp. (3.17), greater than Grid Metals Corp. (1.00), less than TNR Gold Corp. (49.34), greater than LithiumBank Resources Corp. (0.50), less than Vulcan Minerals Inc. (48.88), less than Niobay Metals Inc. (5.22), greater than Sranan Gold Corp. (2.40), greater than Intrepid Metals Corp. (1.27), greater than Wealth Minerals Ltd. (1.87), greater than Starr Peak Mining Ltd. (0.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.17 | $39.01M | |
| 1.00 | $44.28M | |
| 49.34 | $67.85M | |
| 0.50 | $30.60M | |
| 48.88 | $41.57M | |
| 5.22 | $13.16M | |
| 2.40 | $4.94M | |
| 1.27 | $86.59M | |
| 1.87 | $26.74M | |
| 0.23 | $17.44M |
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