Cash Ratio Analysis of Eco Wave Power Global AB - Deep Dive
WARN : Please note that some of the values may not be in base currency

Cash Ratio of WAVE
Dec-23
3.97
Very Good Cash Ratio
Dec-22
5.54
Very Good Cash Ratio
Growth
-28.40
%
Cash Ratio Analysis of Eco Wave Power Global AB
Cash Ratio of Eco Wave Power Global AB with value of 3.97 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of WAVE drastically fell by -28.40 % this year.
Cash Ratio with value of 18.32 was highest in Year Dec-20 in last Five Years.
Cash Ratio of WAVE trending down for at least three Years.
Latest Cash Ratio with value of 3.97 is lower than Average Cash Ratio of 11.45 in last five years.
Other Cash Ratio Related Info of WAVE that may interest you.
Eco Wave Power Global AB Overview
CodePricePrevious PricePrice ChangeSector
WAVE3.363.31 1.51 % Utilities-Renewable
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 Eco Wave Power Global AB
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio3.975.5416.1918.3213.240.2826.38
Change-28.40 %-65.80 %-11.60 %38.34 %4602.01 %-95.59 %
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FY Chart of Cash Ratio of Eco Wave Power Global AB


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