Quick Ratio Analysis of Neptune Wellness Soln Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Mar-23
Poor Quick Ratio
0.257
Period Ending - Mar-22
Not Good Quick Ratio
0.671
Growth
-61.68 %
Most recent Quarter Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.095
Quick Ratio Analysis of Neptune Wellness Soln Inc.
| Quick Ratio of Neptune Wellness Soln Inc. with value of 0.257 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Neptune Wellness Soln Inc. with value of 0.095 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Dec-23. |
| Quick Ratio of NEPT drastically fell by -61.68 % this year. |
| Quick Ratio with value of 2.97 was highest in Year Mar-21 in last Five Years. |
| Quick Ratio with value of 0.257 was lowest in Year Mar-23 in last Five Years. |
| Latest Quick Ratio with value of 0.257 is lower than Average Quick Ratio of 1.32 in last five years. |
Other Quick Ratio Related Info of NEPT that may interest you.
Neptune Wellness Soln Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NEPT | 0.2 | 0.37 | 45.95 % | Drug Manufacturers-Specialty & Generic |
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 Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Quick Ratio of Neptune Wellness Soln Inc.
| Period | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.257 | 0.671 | 2.97 | 1.73 | 0.981 | 2.84 | 1.70 |
| Change | -61.68 % | -77.39 % | 71.90 % | 75.81 % | -65.40 % | 66.63 % | 25.41 % |
FY Chart of Quick Ratio of Neptune Wellness Soln Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)