Boom or Bust? What’s inside the Numbers For Delta 9 Cannabis Inc. (TSXV:NINE), MHP SE (LSE:MHPC)

Delta 9 Cannabis Inc. (TSXV:NINE) currently has a current ratio of 4.58. The current ratio, which is also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations and in turn a more healthy balance sheet.

Beginner traders have the tendency to make many mistakes when starting out. Although this comes with the territory, continually making the same mistakes will most likely put the trader on the sidelines very quickly. Learning from previous mistakes

... read more at: https://eastoncaller.com/boom-or-bust-whats-inside-the-numbers-for-delta-9-cannabis-inc-tsxvnine-mhp-se-lsemhpc/38427/

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Boom or Bust? What’s inside the Numbers For Delta 9 Cannabis Inc. (TSXV:NINE), MHP SE (LSE:MHPC)

Delta 9 Cannabis Inc. (TSXV:NINE) currently has a current ratio of 4.58. The current ratio, which is also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations and in turn a more healthy balance sheet.

Beginner traders have the tendency to make many mistakes when starting out. Although this comes with the territory, continually making the same mistakes will most likely put the trader on the sidelines very quickly. Learning from previous mistakes

... read more at: https://eastoncaller.com/boom-or-bust-whats-inside-the-numbers-for-delta-9-cannabis-inc-tsxvnine-mhp-se-lsemhpc/38427/

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