Cash Ratio Analysis of Durect Corporation - Deep Dive


Cash Ratio of DRRX
Dec-23
1.10
Indecisive Cash Ratio
Dec-22
1.28
Indecisive Cash Ratio
Growth
-14.07
%
Cash Ratio Analysis of Durect Corporation
Cash Ratio of DRRX has fallen by -14.07 % Compared to previous Financial Year.
Cash Ratio with value of 4.96 was highest in Year Dec-21 in last Five Years.
Cash Ratio with value of 1.10 was lowest in Year Dec-23 in last Five Years.
Latest Cash Ratio with value of 1.10 is lower than Average Cash Ratio of 2.58 in last five years.
Other Cash Ratio Related Info of DRRX that may interest you.
Durect Corporation Overview
CodePricePrevious PricePrice ChangeSector
DRRX1.711.35 26.67 % Drug Manufacturers-Specialty & Generic
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
Poor Stability Stock
FY - Historical Cash Ratio of Durect Corporation
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio1.101.284.963.811.764.482.32
Change-14.07 %-74.20 %30.24 %116.36 %-60.72 %92.84 %167.03 %
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FY Chart of Cash Ratio of Durect Corporation


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