Cash Ratio Analysis of Rapid Micro Biosystems Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Cash Ratio of RPID
Oct-23
4.85
Very Good Cash Ratio
Oct-22
5.70
Very Good Cash Ratio
Growth
-14.99
%
Cash Ratio Analysis of Rapid Micro Biosystems Inc
Cash Ratio of Rapid Micro Biosystems Inc with value of 4.85 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of RPID has fallen by -14.99 % Compared to previous Financial Year.
Cash Ratio with value of 10.65 was highest in Year Oct-21 in last Five Years.
Cash Ratio with value of 1.18 was lowest in Year Oct-19 in last Five Years.
Latest Cash Ratio with value of 4.85 is lower than Average Cash Ratio of 5.06 in last five years.
Other Cash Ratio Related Info of RPID that may interest you.
Rapid Micro Biosystems Inc Overview
CodePricePrevious PricePrice ChangeSector
RPID0.83010.82 1.23 % Medical Devices
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
No Significant Stability
FY - Historical Cash Ratio of Rapid Micro Biosystems Inc
PeriodOct-23Oct-22Oct-21Oct-20Oct-19Oct-11Oct-10
Cash Ratio4.855.7010.652.901.1800
Change-14.99 %-46.46 %267.33 %145.03 %
FY Chart of Cash Ratio of Rapid Micro Biosystems Inc


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