SUPREME CANNABIS Current Ratio

SPRWF -- USA Stock  

USD 0.52  0.0279  5.62%

SUPREME CANNABIS current-ratio fundamental analysis lookup allows you to check this and other indicators for SUPREME CANNABIS INC or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
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SUPREME CANNABIS Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis
SUPREME CANNABIS Current Ratio  =
3.18 
ValuationFundamentalsBuy or Sell

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare to competition
In accordance with recently published financial statements SUPREME CANNABIS INC has Current Ratio of 3.18 times. This is 9.28% higher than that of the Healthcare sector, and significantly higher than that of Drug Manufacturers?Specialty & Generic industry, The Current Ratio for all stocks is 47.22% lower than the firm.

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SUPREME CANNABIS current financial ratios



 
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