The Current Ratio of Singing Machine Company Inc (SMDM) is 1.85.
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 |
|---|---|
| 2021-03-31 | 1.85 |
| 2020-03-31 | 1.45 |
| 2019-03-31 | 2.94 |
| 2018-03-31 | 2.30 |
| 2017-03-31 | 2.32 |
| 2016-03-31 | 2.63 |
| 2015-03-31 | 1.71 |
| 2014-03-31 | 1.17 |
| 2013-03-31 | 1.72 |
| 2012-03-31 | 0.84 |