NextPlat (NXPL) Current Ratio: History & Chart

NextPlat Corp(NXPL)

Software - Application · Hallandale Beach, FL

$9.12+0.12 (+1.33%)

Delayed quote: Oct 6, 2026, 3:43 PM EDT

About NextPlat Corp

NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.

Hallandale Beach, FL

126 employees

www.nextplat.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: David Phipps

View full financials

NXPL Current Ratio Metrics

CURRENT RATIO

2.29

CURRENT RATIO AVG TTM

3.08

CURRENT RATIO AVG 3Y

3.23

CURRENT RATIO AVG 5Y

6.69

CURRENT RATIO AVG 10Y

2.09

CURRENT RATIO AVG 15Y

1.40

CURRENT RATIO AVG 20Y

1.20

CURRENT VS TTM AVG

-25.57%

CURRENT VS 3Y AVG

-29.03%

CURRENT VS 5Y AVG

-65.79%

CURRENT VS 10Y AVG

+9.58%

CURRENT VS 15Y AVG

+63.05%

CURRENT VS 20Y AVG

+91.45%

SECTOR MEDIAN · TECHNOLOGY

1.97

median of 638 covered companies

CURRENT VS SECTOR MEDIAN

+16.23%

vs the sector median at left

NAME	MARKET CAP	CURRENT RATIO	TTM	3Y	5Y
NextPlat Corp (NXPL)	$24.70M	2.29	3.08	3.23	6.69
Research Frontiers Incorporated (REFR)vs ›	$24.59M	3.54	7.03	10.81	13.42
Orion Digital Corp. (ORIO)vs ›	$24.97M	1.45	1.50	1.53	1.63
Beamr Imaging Ltd. (BMR)vs ›	$23.45M	8.08	15.46	9.76	7.04
Key Tronic Corporation (KTCC)vs ›	$24.11M	2.10	2.33	2.43	2.36
DarkHorse Technologies Inc. (DRK)vs ›	$24.07M	N/A	N/A	N/A	N/A
Exascale Labs Holdings Inc. (XLAB)vs ›	$22.81M	N/A	N/A	N/A	N/A
Aware, Inc. (AWRE)vs ›	$22.73M	3.73	3.98	4.79	5.54
BeLive Holdings (BLIV)vs ›	$27.16M	17.14	8.68	5.57	4.88
Franklin Wireless Corp. (FKWL)vs ›	$27.34M	2.67	3.16	3.47	4.00

NAME

MARKET CAP

CURRENT RATIO

TTM

NextPlat Corp (NXPL)

$24.70M

2.29

3.08

3.23

6.69

Research Frontiers Incorporated (REFR)vs ›

$24.59M

3.54

7.03

10.81

13.42

Orion Digital Corp. (ORIO)vs ›

$24.97M

1.45

1.50

1.53

1.63

Beamr Imaging Ltd. (BMR)vs ›

$23.45M

8.08

15.46

9.76

7.04

Key Tronic Corporation (KTCC)vs ›

$24.11M

2.10

2.33

2.43

2.36

DarkHorse Technologies Inc. (DRK)vs ›

$24.07M

N/A

Exascale Labs Holdings Inc. (XLAB)vs ›

$22.81M

N/A

Aware, Inc. (AWRE)vs ›

$22.73M

3.73

3.98

4.79

5.54

BeLive Holdings (BLIV)vs ›

$27.16M

17.14

8.68

5.57

4.88

Franklin Wireless Corp. (FKWL)vs ›

$27.34M

2.67

3.16

3.47

4.00

Current Ratio FAQ

What is the current ratio for NextPlat Corp (NXPL)?

The current ratio for NXPL stock is 2.29.

Is NextPlat Corp's current ratio high or low?

The current ratio of 2.29 is 66% below its 5-year average of 6.69, near the low end of its 5-year range (2.29–15.27).

What is the TTM average current ratio for NextPlat Corp (NXPL)?

The TTM average current ratio for NXPL stock is 3.08.

What is the 3Y average current ratio for NextPlat Corp (NXPL)?

The 3Y average current ratio for NXPL stock is 3.23.

What is the 5Y average current ratio for NextPlat Corp (NXPL)?

The 5Y average current ratio for NXPL stock is 6.69.

What is the 10Y average current ratio for NextPlat Corp (NXPL)?

The 10Y average current ratio for NXPL stock is 2.09.

What is the 15Y average current ratio for NextPlat Corp (NXPL)?

The 15Y average current ratio for NXPL stock is 1.40.

What is the 20Y average current ratio for NextPlat Corp (NXPL)?

The 20Y average current ratio for NXPL stock is 1.20.

DATE	CURRENT RATIO
2026-06-30	2.29
2026-03-31	2.56
2025-12-31	2.65
2025-09-30	3.56
2025-06-30	4.33
2025-03-31	3.62
2024-12-31	3.83
2024-09-30	3.70
2024-06-30	3.30
2024-03-31	2.84
2023-12-31	3.07
2023-09-30	2.98
2023-06-30	13.51
2023-03-31	8.75
2022-12-31	10.27
2022-09-30	10.12
2022-06-30	15.16
2022-03-31	14.33
2021-12-31	6.97
2021-09-30	15.27
2021-06-30	7.46
2021-03-31	0.98
2020-12-31	0.91
2020-09-30	1.06
2020-06-30	0.49
2020-03-31	0.54
2019-12-31	0.61
2019-09-30	0.73
2019-06-30	0.89
2019-03-31	0.56
2018-12-31	0.68
2018-09-30	1.02
2018-06-30	1.21
2018-03-31	0.84
2017-12-31	0.90
2017-09-30	1.13
2017-06-30	1.30
2017-03-31	0.94
2016-12-31	1.11
2016-09-30	0.90
2016-06-30	1.12
2016-03-31	1.69
2015-12-31	1.45
2015-09-30	1.05
2015-06-30	1.26
2015-03-31	1.36
2014-12-31	0.46
2014-09-30	0.51
2014-05-17	0.08
2013-12-31	0.00
2013-09-30	0.00
2013-06-30	0.00
2013-03-31	0.00
2012-12-31	0.00
2012-09-30	0.01
2012-06-30	0.01
2012-03-31	0.04
2011-12-31	0.08
2011-09-30	0.03
2011-05-16	0.02
2010-12-31	0.03
2010-09-30	0.12
2010-06-30	0.27
2010-03-31	0.38
2009-12-31	0.00
2009-09-30	0.26
2009-06-30	0.29
2009-03-31	0.31
2008-12-31	0.42
2008-09-30	1.07
2008-06-30	0.89
2008-03-31	0.36
2007-12-31	0.68
2007-09-30	1.31
2007-06-30	1.27
2007-03-31	1.81
2006-12-31	2.68
2006-09-30	5.70
2006-06-30	57.54
2006-03-31	2.92
2005-12-31	1.99
2005-09-30	0.08
2005-06-30	0.00
2005-03-03	0.00
2004-12-31	0.00
2004-09-30	0.06
2004-06-30	0.48
2004-03-31	1.09
2003-12-31	0.00
2003-09-30	0.00
2003-06-30	0.17
2003-03-31	0.31

DATE

CURRENT RATIO

2026-06-30

2.29

2026-03-31

2.56

2025-12-31

2.65

2025-09-30

3.56

2025-06-30

4.33

2025-03-31

3.62

2024-12-31

3.83

2024-09-30

3.70

2024-06-30

3.30

2024-03-31

2.84

2023-12-31

3.07

2023-09-30

2.98

2023-06-30

13.51

2023-03-31

8.75

2022-12-31

10.27

2022-09-30

10.12

2022-06-30

15.16

2022-03-31

14.33

2021-12-31

6.97

2021-09-30

15.27

2021-06-30

7.46

2021-03-31

0.98

2020-12-31

0.91

2020-09-30

1.06

2020-06-30

0.49

2020-03-31

0.54

2019-12-31

0.61

2019-09-30

0.73

2019-06-30

0.89

2019-03-31

0.56

2018-12-31

0.68

2018-09-30

1.02

2018-06-30

1.21

2018-03-31

0.84

2017-12-31

0.90

2017-09-30

1.13

2017-06-30

1.30

2017-03-31

0.94

2016-12-31

1.11

2016-09-30

0.90

2016-06-30

1.12

2016-03-31

1.69

2015-12-31

1.45

2015-09-30

1.05

2015-06-30

1.26

2015-03-31

1.36

2014-12-31

0.46

2014-09-30

0.51

2014-05-17

0.08

2013-12-31

0.00

2013-09-30

0.00

2013-06-30

0.00

2013-03-31

0.00

2012-12-31

0.00

2012-09-30

0.01

2012-06-30

0.01

2012-03-31

0.04

2011-12-31

0.08

2011-09-30

0.03

2011-05-16

0.02

2010-12-31

0.03

2010-09-30

0.12

2010-06-30

0.27

2010-03-31

0.38

2009-12-31

0.00

2009-09-30

0.26

2009-06-30

0.29

2009-03-31

0.31

2008-12-31

0.42

2008-09-30

1.07

2008-06-30

0.89

2008-03-31

0.36

2007-12-31

0.68

2007-09-30

1.31

2007-06-30

1.27

2007-03-31

1.81

2006-12-31

2.68

2006-09-30

5.70

2006-06-30

57.54

2006-03-31

2.92

2005-12-31

1.99

2005-09-30

0.08

2005-06-30

0.00

2005-03-03

0.00

2004-12-31

0.00

2004-09-30

0.06

2004-06-30

0.48

2004-03-31

1.09

2003-12-31

0.00

2003-09-30

0.00

2003-06-30

0.17

2003-03-31

0.31

Current Ratio: 2.29

NXPL Current Ratio

NXPL Average Current Ratio Chart

NXPL Current vs Average Current Ratio Chart

NXPL Current Ratio Metrics

NXPL Competitors' Current Ratio

Liquidity Analysis

Current Ratio Formula & Definition

Current Ratio FAQ

NXPL Current Ratio History

Related Metrics