Tiidal Gaming Group (TIIDF) Quick Ratio

Price: $0.0362
Market Cap: $131.07K
Avg Volume: -
Country: CA
Industry: Electronic Gaming & Multimedia
Sector: Technology
Beta: 0.072
52W Range: $0.0362-0.09
Website: Tiidal Gaming Group

Tiidal Gaming Group Quick Ratio

  • Annual: 50.64
  • Quarterly: 2.45
  • TTM: 2.45

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 Tiidal Gaming Group's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 50.64
    • Quarterly: 2.45
    • TTM: 2.45
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.36
    • Quarterly: 1.30
    • TTM: 1.30

These metrics provide insights into Tiidal Gaming Group'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

50.64

Quarterly Quick Ratio

2.45

TTM Quick Ratio

2.45

Tiidal Gaming Group Historical Quick Ratio
60.0060.0050.0050.0040.0040.0030.0030.0020.0020.0010.0010.000.000.00Quick RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '23
Historical Current Ratio
60.0060.0050.0050.0040.0040.0030.0030.0020.0020.0010.0010.000.000.00Current RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '23
Historical Cash Ratio
5.005.004.004.003.003.002.002.001.001.000.000.00Cash RatioJul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '23

Tiidal Gaming Group Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Quick Ratio Current Ratio Cash Ratio
2023 50.64 50.64 0.36
2022 0.34 0.34 0.02
2021 0.78 0.78 0.00
2021 7.05 7.05 4.07
2020 0.51 0.51 0.15

Related Metrics

Explore detailed financial metrics and analysis for TIIDF.