Quick Ratio Analysis of ADDvantage Tech Grp Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Sep-22
Not Good Quick Ratio
0.976
Period Ending - Sep-21
Indecisive Quick Ratio
1.04
Growth
-6.36 %
Most recent Quarter Quick Ratio
Period Ending - Sep-23
Not Good Quick Ratio
0.507
Quick Ratio Analysis of ADDvantage Tech Grp Inc.
| Quick Ratio of ADDvantage Tech Grp Inc. with value of 0.507 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Sep-23. |
| Quick Ratio of AEY has fallen by -6.36 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.57 was highest in Year Sep-19 in last Five Years. |
| Quick Ratio of AEY trending down for at least three Years. |
| Latest Quick Ratio with value of 0.976 is lower than Average Quick Ratio of 1.27 in last five years. |
Other Quick Ratio Related Info of AEY that may interest you.
ADDvantage Tech Grp Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AEY | 0.36 | 0.6 | 40.00 % | Electronics & Computer Distribution |
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 Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| No Significant Stability | |
FY - Historical Quick Ratio of ADDvantage Tech Grp Inc.
| Period | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 | Sep-16 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.976 | 1.04 | 1.47 | 1.57 | 1.28 | 1.04 | 1.90 |
| Change | -6.36 % | -29.30 % | -6.37 % | 22.59 % | 22.90 % | -45.04 % | -21.02 % |
FY Chart of Quick Ratio of ADDvantage Tech Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)