Financial Gravity Companies Current Ratio Growth & History (FGCO)
Financial Gravity Companies's current ratio was 0.28 for fiscal 2022.
View full Financial Gravity Companies company overviewFinancial Gravity Companies annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-09-30 | 0.28 | −0.25 | −47.07% |
| 2021 | 2021-09-30 | 0.54 | −0.12 | −18.88% |
| 2020 | 2020-09-30 | 0.66 | 0.26 | +66.87% |
| 2019 | 2019-09-30 | 0.40 | 0.28 | +242.72% |
| 2018 | 2018-09-30 | 0.12 | −1.32 | −91.93% |
| 2017 | 2017-09-30 | 1.43 | 0.77 | +116.53% |
| 2016 | 2016-09-30 | 0.66 | — | — |
| 2014 | 2014-09-30 | 0.00 | −0.00 | −61.16% |
| 2013 | 2013-09-30 | 0.00 | −0.01 | −79.52% |
| 2012 | 2012-09-30 | 0.02 | −0.02 | −56.46% |
| 2011 | 2011-09-30 | 0.04 | −0.02 | −40.52% |
| 2010 | 2010-09-30 | 0.06 | — | — |
Financial Gravity Companies quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2022 | 2022-06-30 | 0.29 | −0.32 | −52.16% |
| Q2 2022 | 2022-03-31 | 0.31 | −0.50 | −61.56% |
| Q1 2022 | 2021-12-31 | 0.55 | −0.03 | −4.65% |
| Q4 2021 | 2021-09-30 | 0.54 | −0.12 | −18.88% |
| Q3 2021 | 2021-06-30 | 0.61 | 0.04 | +6.45% |
| Q2 2021 | 2021-03-31 | 0.82 | 0.54 | +201.20% |
| Q1 2021 | 2020-12-31 | 0.57 | 0.18 | +44.27% |
| Q4 2020 | 2020-09-30 | 0.66 | 0.26 | +66.87% |
| Q3 2020 | 2020-06-30 | 0.57 | 0.38 | +206.14% |
| Q2 2020 | 2020-03-31 | 0.27 | 0.22 | +421.88% |
| Q1 2020 | 2019-12-31 | 0.40 | 0.24 | +156.66% |
| Q4 2019 | 2019-09-30 | 0.40 | 0.28 | +242.72% |
| Q3 2019 | 2019-06-30 | 0.19 | −0.44 | −70.13% |
| Q2 2019 | 2019-03-31 | 0.05 | −0.94 | −94.79% |
| Q1 2019 | 2018-12-31 | 0.15 | −3.27 | −95.49% |
| Q4 2018 | 2018-09-30 | 0.12 | −1.32 | −91.93% |
| Q3 2018 | 2018-06-30 | 0.62 | −0.30 | −32.46% |
| Q2 2018 | 2018-03-31 | 1.00 | −0.59 | −37.13% |
| Q1 2018 | 2017-12-31 | 3.43 | 2.30 | +202.66% |
| Q4 2017 | 2017-09-30 | 1.43 | 0.77 | +116.53% |
| Q3 2017 | 2017-06-30 | 0.92 | 0.90 | +5656.75% |
| Q2 2017 | 2017-03-31 | 1.59 | 1.56 | +7630.38% |
| Q1 2017 | 2016-12-31 | 1.13 | 1.13 | +25209.30% |
| Q4 2016 | 2016-09-30 | 0.66 | −9.33 | −93.38% |
| Q3 2016 | 2016-06-30 | 0.02 | 0.01 | +457.68% |
| Q2 2016 | 2016-03-31 | 0.02 | 0.01 | +57.49% |
| Q1 2016 | 2015-12-31 | 0.00 | −0.02 | −80.97% |
| Q4 2015 | 2015-09-30 | 9.99 | 9.99 | +798406.09% |
| Q3 2015 | 2015-06-30 | 0.00 | 0.00 | +83.11% |
| Q2 2015 | 2015-03-31 | 0.01 | −0.00 | −2.92% |
| Q1 2015 | 2014-12-31 | 0.02 | — | — |
| Q4 2014 | 2014-09-30 | 0.00 | −0.00 | −61.16% |
| Q3 2014 | 2014-06-30 | 0.00 | −0.02 | −93.23% |
| Q2 2014 | 2014-03-31 | 0.01 | −0.00 | −14.57% |
| Q4 2013 | 2013-09-30 | 0.00 | −0.01 | −79.52% |
| Q3 2013 | 2013-06-30 | 0.02 | 0.01 | +36.28% |
| Q2 2013 | 2013-03-31 | 0.02 | −0.02 | −57.26% |
| Q1 2013 | 2012-12-31 | 0.02 | −0.01 | −30.92% |
| Q4 2012 | 2012-09-30 | 0.02 | −0.02 | −56.46% |
| Q3 2012 | 2012-06-30 | 0.02 | −0.05 | −72.93% |
| Q2 2012 | 2012-03-31 | 0.04 | — | — |
| Q1 2012 | 2011-12-31 | 0.03 | — | — |
| Q4 2011 | 2011-09-30 | 0.04 | −0.02 | −40.52% |
| Q3 2011 | 2011-06-30 | 0.06 | — | — |
| Q4 2010 | 2010-09-30 | 0.06 | — | — |
Financial Gravity Companies current ratio trends
Over the last five fiscal years, Financial Gravity Companies's current ratio decreased from 1.43 to 0.28, a change of −1.15. The latest reported quarter, Q3 2022, shows 0.29.
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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