Paranovus Entertainment Technology annual current ratio
2021
2022
2023
2024
2025
2026
Paranovus Entertainment Technology Current Ratio Growth & History (PAVS)
Paranovus Entertainment Technology's current ratio was 8.18 for fiscal 2026.
View full Paranovus Entertainment Technology company overviewParanovus Entertainment Technology annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 8.18 | 7.05 | +628.68% |
| 2025 | 2025-03-31 | 1.12 | 0.01 | +0.75% |
| 2024 | 2024-03-31 | 1.11 | 0.65 | +138.48% |
| 2023 | 2023-03-31 | 0.47 | −2.69 | −85.20% |
| 2022 | 2022-03-31 | 3.15 | −3.14 | −49.88% |
| 2021 | 2021-03-31 | 6.29 | — | — |
Paranovus Entertainment Technology quarterly current ratio
Q4.21
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
Q4.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | 8.18 | 7.05 | +628.68% |
| Q2 2026 | 2025-09-30 | 1.15 | −7.59 | −86.86% |
| Q4 2025 | 2025-03-31 | 1.12 | 0.01 | +0.75% |
| Q2 2025 | 2024-09-30 | 8.74 | 4.74 | +118.59% |
| Q4 2024 | 2024-03-31 | 1.11 | 0.65 | +138.48% |
| Q2 2024 | 2023-09-30 | 4.00 | 1.99 | +99.01% |
| Q4 2023 | 2023-03-31 | 0.47 | −2.69 | −85.20% |
| Q2 2023 | 2022-09-30 | 2.01 | — | — |
| Q4 2022 | 2022-03-31 | 3.15 | −3.14 | −49.88% |
| Q4 2021 | 2021-03-31 | 6.29 | — | — |
Paranovus Entertainment Technology current ratio trends
Over the last five fiscal years, Paranovus Entertainment Technology's current ratio increased from 6.29 to 8.18, a change of 1.88. The latest reported quarter, Q4 2026, shows 8.18.
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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