Cash Ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
Cash Ratio of AQNB
Dec-230.0333Poor Cash Ratio | Dec-220.0376Poor 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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AQNB | 25.11 | 25.07 | 0.160 % | Multiline Utilities |
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 Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
Mild Stability |
FY - Historical Cash Ratio of Algonquin Power Utilities Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.0333 | 0.0376 | 0.092 | 0.106 | 0.072 | 0.094 | 0.077 |
Change | -11.28 % | -59.05 % | -13.77 % | 48.44 % | -23.64 % | 21.71 % | -61.84 % |
FY Chart of Cash Ratio of Algonquin Power Utilities Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)