Cannagistics Inc Quick Ratio (PNIK) starting from the third quarter 2022 to third quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Cannagistics Inc   (PNIK)

Cannagistics Inc 's Quick Ratio

PNIK'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 Legal Cannabis industry 30 other companies have achieved higher Quick Ratio than Cannagistics Inc in third quarter 2022. While Quick Ratio total ranking in the third quarter 2022 has deteriorated compared to the prior quarter from 5975 to 6230.

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




PNIK Quick Ratio (Apr 30 2022)
Q3
(Jan 31 2022)
Q2
(Oct 31 2021)
Q1
(Jul 31 2021)
Q4
(Apr 30 2021)
Q3
Y / Y Current Liabilities Change -54.53 % -58.84 % 16.2 % 39.26 % -36.06 %
Y / Y Cash & cash equivalent Change -99.7 % -7.26 % -34.59 % 4280.58 % -49.77 %
Quick Ratio MRQ 0 0 0 0 0.01
PNIK's Total Ranking # 6230 # 5975 # 5303 # 5823 #
Seq. Current Liabilities Change 3.7 % -63.02 % -40.57 % 99.54 % -6.14 %
Seq. Cash & cash equivalent Change -83.33 % -72.2 % -92.81 % -9.55 % 5027.82 %



Quick Ratio third quarter 2022 Company Ranking
Within: No.
Legal Cannabis Industry # 31
Consumer Non Cyclical Sector # 236
Overall Market # 6230


Quick Ratio Statistics
High Average Low
0.05 0.01 0
(Jan 31 2019)   (Apr 30 2019)




Financial Statements
Cannagistics Inc 's Current Liabilities $ 2 Millions Visit PNIK's Balance sheet
Cannagistics Inc 's Cash & cash equivalent $ 0 Millions Visit PNIK's Balance sheet
Source of PNIK's Sales Visit PNIK's Sales by Geography


Cumulative Cannagistics Inc 's Quick Ratio

PNIK's Quick Ratio for the trailling 12 Months

PNIK Quick Ratio

(Apr 30 2022)
12 Months
(Jan 31 2022)
12 Months
(Oct 31 2021)
12 Months
(Jul 31 2021)
12 Months
(Apr 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth -9.83 % -9.11 % 17.22 % 15.72 % 5.68 %
Y / Y Cash & cash equivalent TTM Growth -13.07 % -6.7 % -11.85 % -10.29 % -49.44 %
Quick Ratio TTM 0 0 0 0 0
Total Ranking TTM # 4938 # 4893 # 4695 # 4790 #
Seq. Current Liabilities TTM Growth -11.8 % -11.95 % 3.25 % 12.45 % -11.1 %
Seq. Cash & cash equivalent TTM Growth -50.16 % -0.07 % -1.7 % 77.56 % -46.51 %


On the trailing twelve months basis In spite of the year on year decrease in PNIK's Current Liabilities to $1.99 millions, cumulative Quick Ratio