Quick Ratio Analysis of AGBA Acquisition Ltd - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.536
Period Ending - Dec-22
Excellent Quick Ratio
479.22
Growth
-99.89 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.480
Quick Ratio Analysis of AGBA Acquisition Ltd
Quick Ratio of AGBA Acquisition Ltd with value of 0.480 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of AGBA drastically fell by -99.89 % this year. |
Quick Ratio with value of 479.22 was highest in Year Dec-22 in last Five Years. |
Quick Ratio with value of -19.87 was lowest in Year Dec-20 in last Five Years. |
Latest Quick Ratio with value of 0.536 is lower than Average Quick Ratio of 92.22 in last five years. |
Other Quick Ratio Related Info of AGBA that may interest you.
AGBA Acquisition Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AGBA | 2.46 | 2.44 | 0.820 % | Shell Companies |
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
Poor Stability Stock |
FY - Historical Quick Ratio of AGBA Acquisition Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
---|---|---|---|---|---|---|
Quick Ratio | 0.536 | 479.22 | 1.22 | -19.87 | 0 | 0 |
Change | -99.89 % | 39195.59 % | 106.14 % |
FY Chart of Quick Ratio of AGBA Acquisition Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)