Panacea Life Sciences Holdings Inc Quick Ratio (EXDI) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Panacea Life Sciences Holdings Inc   (EXDI)

Panacea Life Sciences Holdings Inc 's Quick Ratio

EXDI's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2024, Quick Ratio fell to 0.01 below Panacea Life Sciences Holdings Inc average.

Within Legal Cannabis industry 17 other companies have achieved higher Quick Ratio than Panacea Life Sciences Holdings Inc in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 3951 to 4382.

Explain Quick Ratio?
How much Cash & cash equivalents EXDI´s has?
What are EXDI´s Current Liabilities?




EXDI Quick Ratio (Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
Y / Y Current Liabilities Change 28.33 % -20.94 % 34.17 % 30.49 % 37.49 %
Y / Y Cash & cash equivalent Change -88.27 % -89.6 % -93.06 % -81.97 % -65.61 %
Quick Ratio MRQ 0.01 0.01 0 0.03 0.06
EXDI's Total Ranking # 4382 # 3951 # 4439 # 3694 # 4845
Seq. Current Liabilities Change 4.85 % 4.92 % 8.73 % 7.28 % -35.4 %
Seq. Cash & cash equivalent Change 1.12 % 44.97 % -82.95 % -53.06 % -10.41 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Legal Cannabis Industry # 18
Consumer Non Cyclical Sector # 156
Overall Market # 4382


Quick Ratio Statistics
High Average Low
1.69 0.23 0
(Dec 31 2016)   (Sep 30 2018)




Financial Statements
Panacea Life Sciences Holdings Inc 's Current Liabilities $ 20 Millions Visit EXDI's Balance sheet
Panacea Life Sciences Holdings Inc 's Cash & cash equivalent $ 0 Millions Visit EXDI's Balance sheet
Source of EXDI's Sales Visit EXDI's Sales by Geography


Cumulative Panacea Life Sciences Holdings Inc 's Quick Ratio

EXDI's Quick Ratio for the trailling 12 Months

EXDI Quick Ratio

(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 11.96 % 12.51 % 56.83 % 62.2 % 69.87 %
Y / Y Cash & cash equivalent TTM Growth -86.67 % -78.6 % -74.57 % -71.19 % -64.45 %
Quick Ratio TTM 0.01 0.02 0.03 0.05 0.09
Total Ranking TTM # 3811 # 3431 # 3932 # 3749 # 4750
Seq. Current Liabilities TTM Growth 6.35 % -6.77 % 6.62 % 5.91 % 6.87 %
Seq. Cash & cash equivalent TTM Growth -53 % -37.52 % -28.72 % -36.33 % -24.51 %


On the trailing twelve months basis Due to rise in Current Liabilities in the Q1 2024 to $20.39 millions, cumulative Quick Ratio decreased to 0.01 below the Panacea Life Sciences Holdings Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Legal Cannabis industry 22 other companies have achieved higher Quick Ratio than Panacea Life Sciences Holdings Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2023 from 3431 to 3811.

Explain Quick Ratio?
How much Cash & cash equivalents EXDI´s has?
What are EXDI´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Legal Cannabis Industry # 23
Consumer Non Cyclical Sector # 178
Within the Market # 3811


trailing twelve months Quick Ratio Statistics
High Average Low
0.43 0.13 0.01
(Dec 31 2021)   (Dec 31 2018)




Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Legal Cannabis Industry Quick RatioMar 31 2024 MRQ Cash & cash equivalentMar 31 2024 MRQ Current Liabilities
American Cannabis Company Inc   0.01 $ 0.016  Millions$ 2.154  Millions
Pioneer Green Farms Inc  0.01 $ 0.006  Millions$ 1.013  Millions
Panacea Life Sciences Holdings Inc   0.01 $ 0.117  Millions$ 20.392  Millions
Bon Natural Life Limited 0.00 $ 0.080  Millions$ 16.297  Millions
Alterola Biotech Inc 0.00 $ 0.003  Millions$ 1.333  Millions
Nutra Pharma Corp 0.00 $ 0.026  Millions$ 14.599  Millions
Smart For Life Inc 0.00 $ 0.021  Millions$ 12.873  Millions

Date modified: 2026-09-08T15:11:16+00:00



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