Cash Ratio Analysis of Sovos Brands Inc - Deep Dive


Cash Ratio of SOVO
Dec-23
1.55
Indecisive Cash Ratio
Dec-22
1.13
Indecisive Cash Ratio
Growth
36.99
%
Cash Ratio Analysis of Sovos Brands Inc
Cash Ratio of SOVO rose handsomely by 36.99 % this year.
Cash Ratio of SOVO trending up for at least three Years.
Cash Ratio with value of 0.370 was lowest in Year Dec-20 in last Five Years.
Latest Cash Ratio with value of 1.55 is Greater than Average Cash Ratio of 0.855 in last five years.
Other Cash Ratio Related Info of SOVO that may interest you.
Sovos Brands Inc Overview
CodePricePrevious PricePrice ChangeSector
SOVO22.9822.95 0.131 % Packaged Foods
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
Low Stability Stock
FY - Historical Cash Ratio of Sovos Brands Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Cash Ratio1.551.130.7170.3700.499
Change36.99 %58.30 %93.69 %-25.93 %
FY Chart of Cash Ratio of Sovos Brands Inc


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