Adamant Dri Processing & Minerals Group Current Ratio Growth & History (ADMG)
Adamant Dri Processing & Minerals Group's current ratio was 0.07 for fiscal 2022.
View full Adamant Dri Processing & Minerals Group company overviewAdamant Dri Processing & Minerals Group annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-12-31 | 0.07 | 0.07 | — |
| 2021 | 2021-12-31 | 0.00 | — | — |
| 2018 | 2018-12-31 | 1.36 | 1.24 | +982.81% |
| 2017 | 2017-12-31 | 0.13 | 0.06 | +103.17% |
| 2016 | 2016-12-31 | 0.06 | −0.02 | −20.42% |
| 2015 | 2015-12-31 | 0.08 | −0.05 | −39.17% |
| 2014 | 2014-12-31 | 0.13 | 0.06 | +96.24% |
| 2013 | 2013-12-31 | 0.07 | — | — |
Adamant Dri Processing & Minerals Group quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2023 | 2023-09-30 | 1.98 | — | — |
| Q1 2023 | 2023-03-31 | 0.03 | — | — |
| Q4 2022 | 2022-12-31 | 0.07 | — | — |
| Q2 2022 | 2022-06-30 | 0.03 | −0.06 | −65.13% |
| Q3 2021 | 2021-09-30 | 0.06 | — | — |
| Q2 2021 | 2021-06-30 | 0.09 | — | — |
| Q1 2019 | 2019-03-31 | 0.49 | 0.36 | +295.65% |
| Q4 2018 | 2018-12-31 | 1.36 | 1.24 | +982.81% |
| Q3 2018 | 2018-09-30 | 0.12 | 0.04 | +47.46% |
| Q2 2018 | 2018-06-30 | 0.12 | 0.04 | +58.33% |
| Q1 2018 | 2018-03-31 | 0.12 | 0.05 | +61.06% |
| Q4 2017 | 2017-12-31 | 0.13 | 0.06 | +103.17% |
| Q3 2017 | 2017-09-30 | 0.08 | 0.00 | +3.26% |
| Q2 2017 | 2017-06-30 | 0.08 | −0.00 | −1.43% |
| Q1 2017 | 2017-03-31 | 0.08 | −0.00 | −1.92% |
| Q4 2016 | 2016-12-31 | 0.06 | −0.02 | −20.42% |
| Q3 2016 | 2016-09-30 | 0.08 | −0.01 | −14.12% |
| Q2 2016 | 2016-06-30 | 0.08 | −0.02 | −17.83% |
| Q1 2016 | 2016-03-31 | 0.08 | −0.05 | −40.29% |
| Q4 2015 | 2015-12-31 | 0.08 | −0.05 | −39.17% |
| Q3 2015 | 2015-09-30 | 0.09 | −0.05 | −36.21% |
| Q2 2015 | 2015-06-30 | 0.09 | −0.10 | −50.82% |
| Q1 2015 | 2015-03-31 | 0.13 | — | — |
| Q4 2014 | 2014-12-31 | 0.13 | 0.06 | +96.24% |
| Q3 2014 | 2014-09-30 | 0.14 | — | — |
| Q2 2014 | 2014-06-30 | 0.19 | — | — |
| Q4 2013 | 2013-12-31 | 0.07 | — | — |
Adamant Dri Processing & Minerals Group current ratio trends
Over the last five fiscal years, Adamant Dri Processing & Minerals Group's current ratio decreased from 0.13 to 0.07, a change of −0.05. The latest reported quarter, Q3 2023, shows 1.98.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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