The Current Ratio of Schmitt Industries Inc (SMIT) is 0.69.
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 |
|---|---|
| 2022-05-31 | 0.69 |
| 2021-05-31 | 1.74 |
| 2020-05-31 | 9.36 |
| 2019-05-31 | 6.35 |
| 2018-05-31 | 5.66 |
| 2017-05-31 | 3.71 |
| 2016-05-31 | 4.88 |
| 2015-05-31 | 5.66 |
| 2014-05-31 | 7.18 |
| 2013-05-31 | 5.72 |