Cash Ratio Analysis of Caretrust Inc - Deep Dive


Cash Ratio of CTRE
Dec-23
4.18
Very Good Cash Ratio
Dec-22
0.074
Poor Cash Ratio
Growth
5505.07
%
Cash Ratio Analysis of Caretrust Inc
Cash Ratio of Caretrust Inc with value of 4.18 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of CTRE rose handsomely by 5505.07 % this year.
Cash Ratio with value of 4.18 was highest in Year Dec-23 in last Five Years.
Cash Ratio with value of 0.074 was lowest in Year Dec-22 in last Five Years.
Latest Cash Ratio with value of 4.18 is Greater than Average Cash Ratio of 0.963 in last five years.
Other Cash Ratio Related Info of CTRE that may interest you.
Caretrust Inc Overview
CodePricePrevious PricePrice ChangeSector
CTRE25.5725.45 0.472 % REIT-Healthcare Facilities
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 Caretrust Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio4.180.0740.1510.2020.2100.2860.0352
Change5505.07 %-50.69 %-25.08 %-4.13 %-26.40 %712.57 %-44.57 %
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FY Chart of Cash Ratio of Caretrust Inc


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