Cash Ratio Analysis of Novavax Inc - Deep Dive


Cash Ratio of NVAX
Dec-23
0.348
Poor Cash Ratio
Dec-22
0.543
Not Good Cash Ratio
Growth
-36.02
%
Cash Ratio Analysis of Novavax Inc
Cash Ratio of Novavax Inc with value of 0.348 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of NVAX drastically fell by -36.02 % this year.
Cash Ratio with value of 3.06 was highest in Year Dec-19 in last Five Years.
Cash Ratio of NVAX trending down for at least three Years.
Latest Cash Ratio with value of 0.348 is lower than Average Cash Ratio of 1.16 in last five years.
Other Cash Ratio Related Info of NVAX that may interest you.
Novavax Inc Overview
CodePricePrevious PricePrice ChangeSector
NVAX14.0514.4 2.43 % Biotechnology
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 Novavax Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.3480.5430.6341.233.062.022.14
Change-36.02 %-14.26 %-48.33 %-59.86 %51.04 %-5.24 %-39.79 %
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FY Chart of Cash Ratio of Novavax Inc


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