Cash Ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
WARN : Please note that some of the values may not be in base currency

Cash Ratio of AQNB
Dec-23
0.0333
Poor Cash Ratio
Dec-22
0.0376
Poor Cash Ratio
Growth
-11.28
%
Cash Ratio Analysis of Algonquin Power Utilities Corp
Cash Ratio of Algonquin Power Utilities Corp with value of 0.0333 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of AQNB has fallen by -11.28 % Compared to previous Financial Year.
Cash Ratio with value of 0.106 was highest in Year Dec-20 in last Five Years.
Cash Ratio of AQNB trending down for at least three Years.
Latest Cash Ratio with value of 0.0333 is lower than Average Cash Ratio of 0.068 in last five years.
Other Cash Ratio Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
CodePricePrevious PricePrice ChangeSector
AQNB25.1125.07 0.160 % Multiline Utilities
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
Mild Stability
FY - Historical Cash Ratio of Algonquin Power Utilities Corp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.03330.03760.0920.1060.0720.0940.077
Change-11.28 %-59.05 %-13.77 %48.44 %-23.64 %21.71 %-61.84 %
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FY Chart of Cash Ratio of Algonquin Power Utilities Corp


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