Can B Current Ratio Growth & History (NASC)

Can B's current ratio was 0.45 for fiscal 2023.

View full Can B company overview

Can B annual current ratio history

Can B annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20232023-12-310.45−0.25−35.91%
20222022-12-310.70−0.00−0.35%
20212021-12-310.70−0.56−44.46%
20202020-12-311.27−5.43−81.10%
20192019-12-316.701.11+19.86%
20182018-12-315.595.51+6816.86%
20172017-12-310.080.01+13.36%
20162016-12-310.07−1.00−93.35%
20152015-12-311.07

Can B current ratio trends

Over the last five fiscal years, Can B's current ratio decreased from 5.59 to 0.45, a change of −5.14. The latest reported quarter, Q3 2024, shows 0.14.

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.

Review Can B source filings ↗

Community posts

It’s quiet here.

No posts about NASC yet. Start the conversation.

Write the first post