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Gb Sciences Inc  (GBLX)
Other Ticker:  
 
    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


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0 a new company low.

Within Oil And Gas Production industry 9 other companies have achieved higher Quick Ratio than Gb Sciences Inc in third quarter 2023. While Quick Ratio total ranking has improved so far during the III Quarter 2023 to 835, from total ranking in the second quarter 2023 at 3643.

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


GBLX Quick Ratio (Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Current Liabilities Change 11.9 % 18.6 % 18.9 % 20.94 % -5.23 %
Y / Y Cash & cash equivalent Change -93.63 % -84.11 % -45.12 % -53.01 % -81.78 %
Quick Ratio MRQ 0 0.02 0.01 0.02 0.06
GBLX's Total Ranking # 835 # 3643 # 3897 # 4544 # 977
Seq. Current Liabilities Change 1.38 % -0.66 % 2.63 % 8.27 % 7.45 %
Seq. Cash & cash equivalent Change -83.3 % 253.01 % -73.06 % -59.89 % -58.34 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Oil And Gas Production Industry # 10
Energy Sector # 18
Overall Market # 835


Quick Ratio Statistics
High Average Low
3.99 0.39 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 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 11.9 % 18.6 % 18.9 % 20.94 % -5.23 %
Y / Y Cash & cash equivalent TTM Growth -93.63 % -84.11 % -45.12 % -53.01 % -81.78 %
Quick Ratio TTM 0.01 0.03 0.06 0.06 0.07
Total Ranking TTM # 850 # 3875 # 4000 # 1807 # 234
Seq. Current Liabilities TTM Growth 1.38 % -0.66 % 2.63 % 8.27 % 7.45 %
Seq. Cash & cash equivalent TTM Growth -83.3 % 253.01 % -73.06 % -59.89 % -58.34 %


On the trailing twelve months basis Due to rise in Current Liabilities in the III Quarter 2023 to $4.92 millions, cumulative Quick Ratio decreased to 0.01 below the Gb Sciences Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 14 other companies have achieved higher Quick Ratio than Gb Sciences Inc. While Quick Ratio overall ranking has improved so far to 850, from total ranking during the twelve months ending second quarter 2023 at 3875.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 15
Energy Sector # 24
Within the Market # 850


trailing twelve months Quick Ratio Statistics
High Average Low
1.98 0.43 0.01
(Jun 30 2018)   (Jun 30 2020)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Oil And Gas Production Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Vitesse Energy Inc   0.01 $ 0.552  Millions$ 60.403  Millions
Gulfport Energy Corp  0.01 $ 1.929  Millions$ 344.454  Millions
Callon Petroleum Co  0.01 $ 3.325  Millions$ 646.962  Millions
Crescent Energy Company 0.00 $ 2.974  Millions$ 750.257  Millions
Gb Sciences Inc 0.00 $ 0.017  Millions$ 4.919  Millions
Ring Energy Inc 0.00 $ 0.296  Millions$ 112.284  Millions
Advanced Voice Recognition Systems Inc 0.00 $ 0.000  Millions$ 0.350  Millions

Date modified: 2024-02-13T09:08:59+00:00



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