Quick Ratio Analysis of Cloopen Group Holding Ltd - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-20
Not Good Quick Ratio
0.951
Period Ending - Dec-19
Indecisive Quick Ratio
1.39
Growth
-31.41 %
Most recent Quarter Quick Ratio
Period Ending - Sep-21
Excellent Quick Ratio
7.22
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
RAAS | 5.0E-4 | 1.13 | 99.96 % | Software-Application |
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 Cloopen Group Holding Ltd
Period | Dec-20 | Dec-19 | Dec-18 |
---|---|---|---|
Quick Ratio | 0.951 | 1.39 | 0 |
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)