Norra Metals (NRRMF) Quick Ratio

Price: $0.01
Market Cap: $1.24M
Avg Volume: 39.18K
Country: CA
Industry: Industrial Materials
Sector: Basic Materials
Beta: 0.411
52W Range: $0.01-0.01
Website: Norra Metals

Norra Metals Quick Ratio

  • Annual: 0.00
  • Quarterly: 0.00
  • TTM: 0.00

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess Norra Metals's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.00
    • Quarterly: 0.00
    • TTM: 0.00
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.00
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into Norra Metals's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

0.00

Quarterly Quick Ratio

0.00

TTM Quick Ratio

0.00

Norra Metals Historical Quick Ratio
12.0012.009.009.006.006.003.003.000.000.00Quick Ratio20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Current Ratio
12.0012.009.009.006.006.003.003.000.000.00Current Ratio20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Cash Ratio
5.005.004.004.003.003.002.002.001.001.000.000.00Cash Ratio20142014201520152016201620172017201820182019201920202020202120212022202220232023

Norra Metals Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Quick Ratio Current Ratio Cash Ratio
2022 0.00 0.00 0.00
2021 0.05 0.05 0.04
2020 1.84 1.84 1.42
2019 0.44 0.44 0.35
2018 2.21 2.21 1.67
2017 3.08 3.08 2.35
2016 3.94 3.94 2.82
2015 0.15 0.16 0.08
2014 4.16 4.16 2.07
2013 10.91 10.91 4.99

Related Metrics

Explore detailed financial metrics and analysis for NRRMF.