Poxel annual current ratio
2020
2021
2022
2023
2024
Poxel's current ratio was 0.78 for fiscal 2024.
View full Poxel company overview| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.78 | 0.44 | +130.21% |
| 2023 | 2023-12-31 | 0.34 | −0.26 | −43.72% |
| 2022 | 2022-12-31 | 0.60 | −1.68 | −73.55% |
| 2021 | 2021-12-31 | 2.29 | −0.51 | −18.17% |
| 2020 | 2020-12-31 | 2.79 | — | — |
Between the periods ended 2020-12-31 and 2024-12-31, Poxel's current ratio decreased from 2.79 to 0.78, a change of −2.01.
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
TickerStat calculates the current ratio as reported current assets divided by reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Poxel source filings ↗