Cash Ratio Analysis of Premier Inc - Deep Dive


Cash Ratio of PINC
Jun-23
0.110
Poor Cash Ratio
Jun-22
0.114
Poor Cash Ratio
Growth
-3.73
%
Cash Ratio Analysis of Premier Inc
Cash Ratio of Premier Inc with value of 0.110 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of PINC has fallen by -3.73 % Compared to previous Financial Year.
Cash Ratio with value of 0.308 was highest in Year Jun-19 in last Five Years.
Cash Ratio of PINC trending down for at least three Years.
Latest Cash Ratio with value of 0.110 is lower than Average Cash Ratio of 0.183 in last five years.
Other Cash Ratio Related Info of PINC that may interest you.
Premier Inc Overview
CodePricePrevious PricePrice ChangeSector
PINC18.3818.46 0.433 % Health Information Services
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
Good Stability
FY - Historical Cash Ratio of Premier Inc
PeriodJun-23Jun-22Jun-21Jun-20Jun-19Jun-18Jun-17
Cash Ratio0.1100.1140.1800.2000.3080.3390.274
Change-3.73 %-36.52 %-10.00 %-35.00 %-9.28 %23.80 %-66.46 %
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FY Chart of Cash Ratio of Premier Inc


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