Quick Ratio Analysis of argenx NV ADR - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
9.01
Period Ending - Dec-22
Excellent Quick Ratio
8.42
Growth
7.04 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
9.01
Quick Ratio Analysis of argenx NV ADR
| Quick Ratio of argenx NV ADR with value of 9.01 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of argenx NV ADR with value of 9.01 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ARGX has grown by 7.04 % Compared to previous Financial Year. |
| Quick Ratio of ARGX trending up for at least three Years. |
| Quick Ratio with value of 6.19 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 9.01 is lower than Average Quick Ratio of 9.20 in last five years. |
Other Quick Ratio Related Info of ARGX that may interest you.
argenx NV ADR Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ARGX | 387.0 | 388.34 | 0.345 % | Biotechnology |
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
| Low Stability Stock | |
FY - Historical Quick Ratio of argenx NV ADR
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 9.01 | 8.42 | 8.08 | 6.19 | 14.29 | 0 | 0 |
| Change | 7.04 % | 4.24 % | 30.63 % | -56.73 % |
FY Chart of Quick Ratio of argenx NV ADR
Note : All Data Generated at the End of Trading Hours (EOD Data)