Quick Ratio Analysis of bioAffinity Technologies Inc. - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Quick Ratio
Period Ending - Dec-23

1.76


Indecisive Quick Ratio
Period Ending - Dec-22
10.50

Excellent Quick Ratio
Growth
-83.25 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.76


Indecisive Quick Ratio
Quick Ratio Analysis of bioAffinity Technologies Inc.
Quick Ratio of bioAffinity Technologies Inc. with value of 1.76 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of BIAF drastically fell by -83.25 % this year.
Quick Ratio with value of 10.50 was highest in Year Dec-22 in last Five Years.
Quick Ratio with value of 0 was lowest in Year Dec-19 in last Five Years.
Latest Quick Ratio with value of 1.76 is lower than Average Quick Ratio of 2.47 in last five years.
Other Quick Ratio Related Info of BIAF that may interest you.
bioAffinity Technologies Inc. Overview
CodePricePrevious PricePrice ChangeSector
BIAF2.02.1072 5.09 % Diagnostics & Research
Fundamental AnalysisTechnical Analysis
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 Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Low Stability Stock
FY - Historical Quick Ratio of bioAffinity Technologies Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Quick Ratio1.7610.500.1050.00810
Change-83.25 %9920.21 %1190.45 %
FY Chart of Quick Ratio of bioAffinity Technologies Inc.


Note : All Data Generated at the End of Trading Hours (EOD Data)