Quick Ratio Analysis of Sigma Lithium Res Corp. - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Quick Ratio
Period Ending - Dec-23

1.01


Indecisive Quick Ratio
Period Ending - Dec-22
3.31

Very Good Quick Ratio
Growth
-69.62 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.941


Not Good Quick Ratio
Quick Ratio Analysis of Sigma Lithium Res Corp.
Quick Ratio of Sigma Lithium Res Corp. with value of 0.941 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of SGML drastically fell by -69.62 % this year.
Quick Ratio with value of 35.74 was highest in Year Dec-21 in last Five Years.
Quick Ratio with value of 0.161 was lowest in Year Dec-19 in last Five Years.
Latest Quick Ratio with value of 1.01 is lower than Average Quick Ratio of 8.45 in last five years.
Other Quick Ratio Related Info of SGML that may interest you.
Sigma Lithium Res Corp. Overview
CodePricePrevious PricePrice ChangeSector
SGML15.2915.55 1.67 % Other Industrial Metals & Mining
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 Sigma Lithium Res Corp.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio1.013.3135.742.000.1610.8030
Change-69.62 %-90.73 %1685.22 %1144.65 %-79.96 %
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FY Chart of Quick Ratio of Sigma Lithium Res Corp.


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