Cash Ratio Analysis of Rani Therapeutics Holdings Inc - Deep Dive


Cash Ratio of RANI
Dec-23
6.08
Excellent Cash Ratio
Dec-22
20.45
Excellent Cash Ratio
Growth
-70.29
%
Cash Ratio Analysis of Rani Therapeutics Holdings Inc
Cash Ratio of Rani Therapeutics Holdings Inc with value of 6.08 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of RANI drastically fell by -70.29 % this year.
Cash Ratio with value of 44.49 was highest in Year Dec-21 in last Five Years.
Cash Ratio with value of 4.73 was lowest in Year Dec-19 in last Five Years.
Latest Cash Ratio with value of 6.08 is lower than Average Cash Ratio of 17.90 in last five years.
Other Cash Ratio Related Info of RANI that may interest you.
Rani Therapeutics Holdings Inc Overview
CodePricePrevious PricePrice ChangeSector
RANI5.55.12 7.42 % 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 Rani Therapeutics Holdings Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Cash Ratio6.0820.4544.4913.764.73
Change-70.29 %-54.03 %223.24 %191.16 %
FY Chart of Cash Ratio of Rani Therapeutics Holdings Inc


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