Quick Ratio Analysis of Nayax Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.897
Period Ending - Dec-22
Indecisive Quick Ratio
1.15
Growth
-21.92 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.27
Quick Ratio Analysis of Nayax Ltd
| Quick Ratio of Nayax Ltd with value of 1.27 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of NYAX drastically fell by -21.92 % this year. |
| Quick Ratio with value of 2.11 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.789 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 0.897 is lower than Average Quick Ratio of 1.15 in last five years. |
Other Quick Ratio Related Info of NYAX that may interest you.
Nayax Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NYAX | 25.9692 | 25.9692 | 0 % |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Nayax Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| Quick Ratio | 0.897 | 1.15 | 2.11 | 0.795 | 0.789 | 0 |
| Change | -21.92 % | -45.63 % | 165.94 % | 0.696 % |
FY Chart of Quick Ratio of Nayax Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)