Smart For Life Inc Quick Ratio (SMFL) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Smart For Life Inc  (NASDAQ: SMFL)

Smart For Life Inc's Quick Ratio

SMFL'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 Legal Cannabis industry 17 other companies have achieved higher Quick Ratio than Smart For Life Inc in third quarter 2024. While Quick Ratio total ranking has improved so far during the Q3 2024 to 4579, from total ranking in the second quarter 2024 at 4682.

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




SMFL Quick Ratio (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Current Liabilities Change -29.26 % -9.2 % -28.52 % -28.22 % -17.23 %
Y / Y Cash & cash equivalent Change 300.54 % -91.56 % -75.25 % 121.91 % -97.07 %
Quick Ratio MRQ 0 0 0 0.01 0
SMFL's Total Ranking # 4579 # 4682 # 0 # 4664 #
Seq. Current Liabilities Change -15.07 % -9.9 % -34.78 % 41.73 % 9.02 %
Seq. Cash & cash equivalent Change 12.32 % 48.62 % -86.21 % 1640.16 % -97.63 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Legal Cannabis Industry # 18
Consumer Non Cyclical Sector # 164
Overall Market # 4579


Quick Ratio Statistics
High Average Low
0.15 0.02 0
(Mar 31 2022)   (Sep 30 2023)




Financial Statements
Smart For Life Inc's Current Liabilities $ 10 Millions Visit SMFL's Balance sheet
Smart For Life Inc's Cash & cash equivalent $ 0 Millions Visit SMFL's Balance sheet
Source of SMFL's Sales Visit SMFL's Sales by Geography


Cumulative Smart For Life Inc's Quick Ratio

SMFL's Quick Ratio for the trailling 12 Months

SMFL Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth -25.13 % -22.6 % -19.68 % -2.8 % 32.45 %
Y / Y Cash & cash equivalent TTM Growth -54.98 % -74.06 % -1.09 % -69.21 % -75.06 %
Quick Ratio TTM 0 0 0.01 0.01 0.01
Total Ranking TTM # 3645 # 3715 # 0 # 3955 #
Seq. Current Liabilities TTM Growth -7.01 % -1.98 % -7.97 % -10.75 % -3.86 %
Seq. Cash & cash equivalent TTM Growth 12.33 % -61.36 % -10.37 % 15.72 % -35.28 %


On the trailing twelve months basis In spite of the year on year decrease in SMFL's Current Liabilities to $9.85 millions, cumulative Quick Ratio