Palayan Resources Inc Quick Ratio (PLYN) starting from the third quarter 2022 to third quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Palayan Resources Inc   (PLYN)
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Palayan Resources Inc 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2022, Quick Ratio fell to 0 a new company low.

Within Metal Mining industry 86 other companies have achieved higher Quick Ratio than Palayan Resources Inc in third quarter 2022. While Quick Ratio total ranking in the third quarter 2022 has deteriorated compared to the prior quarter from 0 to 5852.

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




PLYN Quick Ratio (Dec 31 2022)
Q3
(Sep 30 2022)
Q2
(Jun 30 2022)
Q1
(Mar 31 2022)
Q4
(Dec 31 2021)
Q3
Y / Y Current Liabilities Change 81.29 % 56.77 % 1484.86 % 43.89 % 72.6 %
Y / Y Cash & cash equivalent Change -87.11 % - -99.4 % -99.57 % -97.36 %
Quick Ratio MRQ 0 - 0 0 0
PLYN's Total Ranking # 5852 # 0 # 5627 # 5808 # 1080
Seq. Current Liabilities Change 12.5 % 25 % 9.37 % 17.87 % -2.71 %
Seq. Cash & cash equivalent Change - - -50 % -26.8 % 95.3 %



Quick Ratio third quarter 2022 Company Ranking
Within: No.
Metal Mining Industry # 87
Basic Materials Sector # 356
Overall Market # 5852


Quick Ratio Statistics
High Average Low
8.28 0.97 0
(Sep 30 2016)   (Dec 31 2022)




Financial Statements
Palayan Resources Inc 's Current Liabilities $ 1 Millions Visit PLYN's Balance sheet
Palayan Resources Inc 's Cash & cash equivalent $ 0 Millions Visit PLYN's Balance sheet
Source of PLYN's Sales Visit PLYN's Sales by Geography


Cumulative Palayan Resources Inc 's Quick Ratio

PLYN's Quick Ratio for the trailling 12 Months

PLYN Quick Ratio

(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
Y / Y Current Liabilities TTM Growth 101.21 % 102.54 % 102.33 % 48.77 % 108.23 %
Y / Y Cash & cash equivalent TTM Growth -99.47 % -99.22 % -99.06 % -74.2 % 210.74 %
Quick Ratio TTM 0 0 0 0.03 0.11
Total Ranking TTM # 5010 # 4757 # 4955 # 5046 # 4909
Seq. Current Liabilities TTM Growth 16 % 12.98 % 36.73 % 12.28 % 16.77 %
Seq. Cash & cash equivalent TTM Growth -41.52 % -19.62 % -95.86 % -72.84 % -13.68 %


On the trailing twelve months basis In Spite of the unchanged in Current Liabilities in the Q3 2022 to $0.78 millions, cumulative Quick Ratio