Cash Ratio Analysis of Acasti Pharma Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Cash Ratio of ACST
Mar-23
8.18
Excellent Cash Ratio
Mar-22
13.39
Excellent Cash Ratio
Growth
-38.95
%
Cash Ratio Analysis of Acasti Pharma Inc
Cash Ratio of Acasti Pharma Inc with value of 8.18 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of ACST drastically fell by -38.95 % this year.
Cash Ratio with value of 38.46 was highest in Year Mar-21 in last Five Years.
Cash Ratio with value of 1.88 was lowest in Year Mar-19 in last Five Years.
Latest Cash Ratio with value of 8.18 is lower than Average Cash Ratio of 12.77 in last five years.
Other Cash Ratio Related Info of ACST that may interest you.
Acasti Pharma Inc Overview
CodePricePrevious PricePrice ChangeSector
ACST2.692.7599 2.53 % Biotechnology
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Cash Ratio of Acasti Pharma Inc
PeriodMar-23Mar-22Mar-21Mar-20Mar-19Mar-18Mar-17
Cash Ratio8.1813.3938.461.931.881.233.38
Change-38.95 %-65.18 %1897.36 %2.18 %53.48 %-63.71 %-63.13 %
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FY Chart of Cash Ratio of Acasti Pharma Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)