Cash Ratio Analysis of Artelo Biosciences Inc - Deep Dive
Cash Ratio of ARTL
Aug-2317.57Excellent Cash Ratio | Aug-220Poor Cash Ratio | Growth0% |
Cash Ratio Analysis of Artelo Biosciences Inc
Cash Ratio of Artelo Biosciences Inc with value of 17.57 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities. |
Cash Ratio of ARTL has grown by 0 % Compared to previous Financial Year. |
Cash Ratio with value of 19.13 was highest in Year Aug-21 in last Five Years. |
Cash Ratio with value of 0 was lowest in Year Aug-22 in last Five Years. |
Latest Cash Ratio with value of 17.57 is Greater than Average Cash Ratio of 9.06 in last five years. |
Other Cash Ratio Related Info of ARTL that may interest you.
Artelo Biosciences Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ARTL | 1.325 | 1.37 | 3.28 % | Biotechnology |
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 Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/CashRatio.jpg)
Cash Ratio Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Cash Ratio of Artelo Biosciences Inc
Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 17.57 | 0 | 19.13 | 4.27 | 4.33 | 0.634 | 19.46 |
Change | 0 % | 348.59 % | -1.51 % | 582.78 % | -96.74 % | 9324.99 % |
FY Chart of Cash Ratio of Artelo Biosciences Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)