Quick Ratio Analysis of Cloopen Group Holding Ltd - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Quick Ratio
Period Ending - Dec-20

0.951


Not Good Quick Ratio
Period Ending - Dec-19
1.39

Indecisive Quick Ratio
Growth
-31.41 %
Most recent Quarter Quick Ratio
Period Ending - Sep-21

7.22


Excellent Quick Ratio
Quick Ratio Analysis of Cloopen Group Holding Ltd
Quick Ratio of Cloopen Group Holding Ltd with value of 7.22 indicates company has liquid assets to pay its obligations in latest Quarter ending on Sep-21.
Quick Ratio of RAAS drastically fell by -31.41 % this year.
Other Quick Ratio Related Info of RAAS that may interest you.
Cloopen Group Holding Ltd Overview
CodePricePrevious PricePrice ChangeSector
RAAS5.0E-41.13 99.96 % Software-Application
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Very Low Stability Stock
FY - Historical Quick Ratio of Cloopen Group Holding Ltd
PeriodDec-20Dec-19Dec-18
Quick Ratio0.9511.390
Change-31.41 %
FY Chart of Quick Ratio of Cloopen Group Holding Ltd


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