Piedmont Lithium (PLL) Current Ratio

Price: $6.33
Market Cap: $138.90M
Avg Volume: 282.45K
Country: US
Industry: Industrial Materials
Sector: Basic Materials
Beta: -0.098
52W Range: $5.15-17.66
Website: Piedmont Lithium

Piedmont Lithium Current Ratio

  • Annual: 7.60
  • Quarterly: 2.85
  • TTM: 7.60

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Piedmont Lithium's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 7.79
    • Quarterly: 2.85
    • TTM: 7.79
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 7.40
    • Quarterly: 2.20
    • TTM: 7.40

These metrics provide insights into Piedmont Lithium'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 Current Ratio

7.60

Quarterly Current Ratio

2.85

TTM Current Ratio

7.60

Piedmont Lithium Historical Current Ratio
50.0050.0040.0040.0030.0030.0020.0020.0010.0010.000.000.00Current Ratio2013201320142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Quick Ratio
50.0050.0040.0040.0030.0030.0020.0020.0010.0010.000.000.00Quick Ratio2013201320142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Cash Ratio
50.0050.0040.0040.0030.0030.0020.0020.0010.0010.000.000.00Cash Ratio2013201320142014201520152016201620172017201820182019201920202020202120212022202220232023

Piedmont Lithium Historical Ratios

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

Year Current Ratio Quick Ratio Cash Ratio
2022 7.60 7.79 7.40
2021 23.16 23.16 22.95
2020 2.10 2.10 2.07
2018 3.68 3.69 3.64
2017 7.39 7.39 7.32
2016 29.51 29.51 29.30
2015 41.36 41.36 40.91
2014 11.18 11.18 11.05
2013 20.30 20.30 20.20
2012 46.70 46.70 46.53

Related Metrics

Explore detailed financial metrics and analysis for PLL.