Forafric Global PLC (AFRIW) Current Ratio

Price: $0.6273
Market Cap: $16.86M
Avg Volume: 14.49K
Country: GI
Industry: Agricultural Farm Products
Sector: Consumer Defensive
Beta: 0.387
52W Range: $0.58-0.64
Website: Forafric Global PLC

Forafric Global PLC Current Ratio

  • Annual: 0.48
  • Quarterly: 0.42
  • TTM: 0.42

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Forafric Global PLC's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.37
    • Quarterly: 0.31
    • TTM: 0.31
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.09
    • Quarterly: 0.07
    • TTM: 0.07

These metrics provide insights into Forafric Global PLC's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

0.48

Quarterly Current Ratio

0.42

TTM Current Ratio

0.42

Forafric Global PLC Historical Current Ratio
0.600.600.480.480.360.360.240.240.120.120.000.00Current Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Quick Ratio
0.590.590.490.490.390.390.290.290.200.200.100.100.000.00Quick Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Cash Ratio
0.100.100.080.080.060.060.040.040.020.020.000.00Cash Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

Forafric Global PLC Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 0.48 0.37 0.09
2022 0.60 0.49 0.10
2021 0.58 0.39 0.07
2020 0.55 0.38 0.09
2019 0.51 0.39 0.07

Related Metrics

Explore detailed financial metrics and analysis for AFRIW.