Cash Ratio Analysis of Nexa Resources SA - Deep Dive


Cash Ratio of NEXA
Dec-23
0.436
Poor Cash Ratio
Dec-22
0.574
Not Good Cash Ratio
Growth
-24.10
%
Cash Ratio Analysis of Nexa Resources SA
Cash Ratio of Nexa Resources SA with value of 0.436 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of NEXA drastically fell by -24.10 % this year.
Cash Ratio with value of 1.28 was highest in Year Dec-20 in last Five Years.
Cash Ratio of NEXA trending down for at least three Years.
Latest Cash Ratio with value of 0.436 is lower than Average Cash Ratio of 0.829 in last five years.
Other Cash Ratio Related Info of NEXA that may interest you.
Nexa Resources SA Overview
CodePricePrevious PricePrice ChangeSector
NEXA7.857.97 1.51 % Other Industrial Metals & Mining
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
Very Low Stability Stock
FY - Historical Cash Ratio of Nexa Resources SA
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.4360.5740.7711.281.081.731.59
Change-24.10 %-25.58 %-39.70 %18.10 %-37.24 %8.20 %35.29 %
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FY Chart of Cash Ratio of Nexa Resources SA


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