FORMATION MINERALS, INC. Quarterly Current Ratio in % from Q3 2022 to Q3 2023

Taxonomy & unit
ratio: %
Description
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Summary
Formation Minerals, Inc. quarterly Current Ratio history and growth rate from Q3 2022 to Q3 2023.
  • Formation Minerals, Inc. Current Ratio for the quarter ending October 31, 2023 was 3.45 %, a 90.7% decline year-over-year.
Current Ratio, Quarterly (%)
Current Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2023 3.45 -33.5 -90.7% Oct 31, 2023
Q2 2023 7.21 Jul 31, 2023
Q1 2023 14.5 Apr 30, 2023
Q4 2022 26.7 Jan 31, 2023
Q3 2022 36.9 Oct 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.