Nextel Medical annual current ratio
2011
2012
2018
2019
2020
Nextel Medical Current Ratio Growth & History (MAJI)
Nextel Medical's current ratio was 0.13 for fiscal 2020.
View full Nextel Medical company overviewNextel Medical annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-04-30 | 0.13 | 0.13 | — |
| 2019 | 2019-04-30 | 0.00 | −0.02 | — |
| 2018 | 2018-04-30 | 0.02 | — | — |
| 2012 | 2012-04-30 | 0.02 | −0.67 | −96.99% |
| 2011 | 2011-04-30 | 0.69 | — | — |
Nextel Medical quarterly current ratio
Q4.11
Q4.12
Q1.13
Q2.13
Q3.13
Q4.18
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2021 | 2020-07-31 | 0.00 | 0.00 | — |
| Q4 2020 | 2020-04-30 | 0.13 | 0.13 | — |
| Q3 2020 | 2020-01-31 | 0.00 | −0.00 | — |
| Q2 2020 | 2019-10-31 | 0.00 | −0.00 | — |
| Q1 2020 | 2019-07-31 | 0.00 | — | — |
| Q4 2019 | 2019-04-30 | 0.00 | −0.02 | — |
| Q3 2019 | 2019-01-31 | 0.00 | — | — |
| Q2 2019 | 2018-10-31 | 0.00 | — | — |
| Q4 2018 | 2018-04-30 | 0.02 | — | — |
| Q3 2013 | 2013-01-31 | 0.28 | — | — |
| Q2 2013 | 2012-10-31 | 1.27 | — | — |
| Q1 2013 | 2012-07-31 | 0.00 | — | — |
| Q4 2012 | 2012-04-30 | 0.02 | −0.67 | −96.99% |
| Q4 2011 | 2011-04-30 | 0.69 | — | — |
Nextel Medical current ratio trends
Between the periods ended 2011-04-30 and 2020-04-30, Nextel Medical's current ratio decreased from 0.69 to 0.13, a change of −0.56. The latest reported quarter, Q1 2021, shows 0.00.
About the metric
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.
Calculation and source
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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