Gb Sciences Inc Quick Ratio (GBLX) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Gb Sciences Inc  (GBLX)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

Gb Sciences Inc's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2024, Quick Ratio deteriorated to 0 a new company low.

Within Oil And Gas Production industry 95 other companies have achieved higher Quick Ratio than Gb Sciences Inc in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 4289 to 4609.

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




GBLX Quick Ratio (Dec 31 2024)
Q3
(Sep 30 2024)
Q2
(Jun 30 2024)
Q1
(Mar 31 2024)
Q4
(Dec 31 2023)
Q3
Y / Y Current Liabilities Change 10.13 % 12.14 % 9.7 % 7.06 % 41.78 %
Y / Y Cash & cash equivalent Change -82.73 % -97.78 % - -89.09 % -93.63 %
Quick Ratio MRQ 0 0 - 0 0
GBLX's Total Ranking # 4609 # 4289 # 0 # 3715 # 4531
Seq. Current Liabilities Change -0.44 % 1.55 % 5.16 % 3.59 % 1.38 %
Seq. Cash & cash equivalent Change 30 % - - -31.32 % -83.3 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Oil And Gas Production Industry # 96
Energy Sector # 135
Overall Market # 4609


Quick Ratio Statistics
High Average Low
3.99 0.36 0
(Mar 31 2017)   (Sep 30 2013)




Financial Statements
Gb Sciences Inc's Current Liabilities $ 5 Millions Visit GBLX's Balance sheet
Gb Sciences Inc's Cash & cash equivalent $ 0 Millions Visit GBLX's Balance sheet
Source of GBLX's Sales Visit GBLX's Sales by Geography


Cumulative Gb Sciences Inc's Quick Ratio

GBLX's Quick Ratio for the trailling 12 Months

GBLX Quick Ratio

(Dec 31 2024)
12 Months
(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 9.77 % 15.86 % 17.56 % 20.23 % 24.43 %
Y / Y Cash & cash equivalent TTM Growth -93.37 % -93.87 % -87.49 % -85.07 % -78.56 %
Quick Ratio TTM 0 0 0.01 0.01 0.01
Total Ranking TTM # 3802 # 3531 # 3630 # 3697 # 3321
Seq. Current Liabilities TTM Growth 2.39 % 2.91 % 2.4 % 1.73 % 8.07 %
Seq. Cash & cash equivalent TTM Growth -45.46 % -76.29 % -18.1 % -37.44 % -49.52 %


On the trailing twelve months basis In Spite of the decrease in Current Liabilities in the Q3 2024 to $5.42 millions, cumulative Quick Ratio