ProtoKinetix Current Ratio Growth & History (PKTX)

ProtoKinetix's current ratio was 0.48 for fiscal 2023.

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ProtoKinetix annual current ratio history

ProtoKinetix annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20232023-12-310.48−0.16−25.04%
20222022-12-310.64−0.26−28.51%
20212021-12-310.90−3.43−79.29%
20202020-12-314.33−10.50−70.82%
20192019-12-3114.8313.09+753.28%
20182018-12-311.74−0.79−31.19%
20172017-12-312.53−7.22−74.09%
20162016-12-319.751.38+16.56%
20152015-12-318.36——

ProtoKinetix current ratio trends

Over the last five fiscal years, ProtoKinetix's current ratio decreased from 1.74 to 0.48, a change of −1.26. The latest reported quarter, Q3 2024, shows 0.08.

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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