KWESST Micro Systems Inc. Current Ratio

Current Ratio of KWE for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending June 30, 2023 was 0.82 (a -45.04% decrease compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 274.33%
  • Annual Current Ratio for 2022 was 0.22 (a -93.74% decrease from previous year)
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Historical Current Ratio of KWESST Micro Systems Inc.

Most recent Current Ratioof KWE including historical data for past 10 years.

Interactive Chart of Current Ratio of KWESST Micro Systems Inc.

KWESST Micro Systems Inc. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2023 0.82 1.49
2022 1.45 0.22 0.27 1.57 0.22
2021 1.65 3.5 3.77 1.43 3.5
2020 2.01

Business Profile of KWESST Micro Systems Inc.

Sector: Industrials
Industry: Aerospace & Defense