The Current Ratio of New World Brands Inc (NWBD) is 0.77.
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 |
---|---|
2009-12-31 | 0.77 |
2008-12-31 | 1.76 |
2007-12-31 | 2.01 |
2006-12-31 | 2.03 |
2006-05-31 | 0.98 |
2005-05-31 | 4.25 |
2004-05-31 | 5.68 |