The Current Ratio of Newater Technology Inc (NEWA) is 1.12.
Current Ratio compares a firm's current assets to its current liabilities to assess short-term liquidity. A ratio above 1.0 typically indicates a strong ability to meet obligations.
| Date | Value |
|---|---|
| 2020-12-31 | 1.12 |
| 2019-12-31 | 1.03 |
| 2018-12-31 | 1.31 |
| 2017-12-31 | 1.30 |
| 2016-12-31 | 2.08 |
| 2015-12-31 | 1.35 |
| 2014-12-31 | 1.25 |