Quick Ratio Analysis of Applied Opt - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.16
Period Ending - Dec-22
Not Good Quick Ratio
0.747
Growth
55.98 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.06
Quick Ratio Analysis of Applied Opt
Quick Ratio of Applied Opt with value of 1.06 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of AAOI rose handsomely by 55.98 % this year. |
Quick Ratio with value of 1.18 was highest in Year Dec-19 in last Five Years. |
Quick Ratio with value of 0.747 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 1.16 is Greater than Average Quick Ratio of 0.996 in last five years. |
Other Quick Ratio Related Info of AAOI that may interest you.
Applied Opt Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AAOI | 10.17 | 10.08 | 0.893 % | Semiconductors |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..![Quick Ratio Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Quick Ratio of Applied Opt
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 1.16 | 0.747 | 0.932 | 0.958 | 1.18 | 1.30 | 2.18 |
Change | 55.98 % | -19.89 % | -2.66 % | -18.83 % | -9.59 % | -40.06 % | 23.48 % |
FY Chart of Quick Ratio of Applied Opt
Note : All Data Generated at the End of Trading Hours (EOD Data)