NOR 0.00% 3.8¢ norwood systems limited

General Comments, page-13

  1. 7,323 Posts.
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    The Mod advice was to move this previous post to another thread. I guess this allows for most to see it again. Repetition is the mother of all learning. And in that spirit:

    Acid Test Ratio of 0.4 says it all.

    To the uninitiated:
    Under 1 usually means "treat with caution" re: liquidity.
    This is 40 cents in quick assets to cover $1 of short-term liabilities.

    All imo.

    Updated: Radium would be very brave to extend the R&D Facility based on the above and a downward trend in R&D expenditure.
 
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