Cash Ratio Analysis of Synaptogenix Inc - Deep Dive


Cash Ratio of SNPX
Dec-23
6.70
Excellent Cash Ratio
Dec-22
28.55
Excellent Cash Ratio
Growth
-76.52
%
Cash Ratio Analysis of Synaptogenix Inc
Cash Ratio of Synaptogenix Inc with value of 6.70 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of SNPX drastically fell by -76.52 % this year.
Cash Ratio with value of 36.28 was highest in Year Dec-19 in last Five Years.
Cash Ratio with value of 3.59 was lowest in Year Dec-20 in last Five Years.
Latest Cash Ratio with value of 6.70 is lower than Average Cash Ratio of 18.46 in last five years.
Other Cash Ratio Related Info of SNPX that may interest you.
Synaptogenix Inc Overview
CodePricePrevious PricePrice ChangeSector
SNPX4.614.37 5.49 % 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
Excellent Stability
FY - Historical Cash Ratio of Synaptogenix Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Cash Ratio6.7028.5517.153.5936.28
Change-76.52 %66.46 %377.22 %-90.10 %
FY Chart of Cash Ratio of Synaptogenix Inc


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