Quick Ratio Analysis of Aytu BioScience Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Jun-23
Not Good Quick Ratio
0.882
Period Ending - Jun-22
Not Good Quick Ratio
0.762
Growth
15.74 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.692
Quick Ratio Analysis of Aytu BioScience Inc
| Quick Ratio of Aytu BioScience Inc with value of 0.692 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of AYTU has grown by 15.74 % Compared to previous Financial Year. |
| Quick Ratio with value of 2.60 was highest in Year Jun-19 in last Five Years. |
| Quick Ratio with value of 0.762 was lowest in Year Jun-22 in last Five Years. |
| Latest Quick Ratio with value of 0.882 is lower than Average Quick Ratio of 1.47 in last five years. |
Other Quick Ratio Related Info of AYTU that may interest you.
Aytu BioScience Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AYTU | 2.85 | 2.87 | 0.697 % | Drug Manufacturers-Specialty & Generic |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Aytu BioScience Inc
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.882 | 0.762 | 0.812 | 2.30 | 2.60 | 2.40 | 0.475 |
| Change | 15.74 % | -6.24 % | -64.61 % | -11.88 % | 8.74 % | 403.86 % | -49.94 % |
FY Chart of Quick Ratio of Aytu BioScience Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)