Quick Ratio Analysis of China Green Agriculture Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Jun-23

-3.21


Very Poor Quick Ratio
Period Ending - Jun-22
1.85

Indecisive Quick Ratio
Growth
-273.41 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.62


Indecisive Quick Ratio
Quick Ratio Analysis of China Green Agriculture Inc
Quick Ratio of China Green Agriculture Inc with value of -3.21 indicates company has highly illiquid balance sheet ro pay its obligations.
Quick Ratio of China Green Agriculture Inc with value of 1.62 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of CGA drastically fell by -273.41 % this year.
Quick Ratio with value of 3.29 was highest in Year Jun-19 in last Five Years.
Quick Ratio of CGA trending down for at least three Years.
Latest Quick Ratio with value of -3.21 is lower than Average Quick Ratio of 1.24 in last five years.
Other Quick Ratio Related Info of CGA that may interest you.
China Green Agriculture Inc Overview
CodePricePrevious PricePrice ChangeSector
CGA2.942.87 2.44 % Agricultural Inputs
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula
Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio
Tsr Stability Index
No Significant Stability
FY - Historical Quick Ratio of China Green Agriculture Inc
PeriodJun-23Jun-22Jun-21Jun-20Jun-19Jun-18Jun-17
Quick Ratio-3.211.851.942.353.294.265.89
Change-273.41 %-4.52 %-17.54 %-28.58 %-22.77 %-27.74 %14.68 %
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FY Chart of Quick Ratio of China Green Agriculture Inc


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