Cash Ratio Analysis of STERIS plc - Deep Dive


Cash Ratio of STE
Mar-24
0.220
Poor Cash Ratio
Mar-23
0.242
Poor Cash Ratio
Growth
-8.83
%
Cash Ratio Analysis of STERIS plc
Cash Ratio of STERIS plc with value of 0.220 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of STE has fallen by -8.83 % Compared to previous Financial Year.
Cash Ratio with value of 0.635 was highest in Year Mar-20 in last Five Years.
Cash Ratio of STE trending down for at least three Years.
Latest Cash Ratio with value of 0.220 is lower than Average Cash Ratio of 0.371 in last five years.
Other Cash Ratio Related Info of STE that may interest you.
STERIS plc Overview
CodePricePrevious PricePrice ChangeSector
STE222.88223.22 0.152 % 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 STERIS plc
PeriodMar-24Mar-23Mar-22Mar-21Mar-20Mar-19Mar-18
Cash Ratio0.2200.2420.3780.3820.6350.4740.506
Change-8.83 %-35.99 %-1.02 %-39.87 %33.80 %-6.23 %-31.78 %
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FY Chart of Cash Ratio of STERIS plc


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