Quick Ratio Analysis of Biomerica Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - May-23
Very Good Quick Ratio
5.52
Period Ending - May-22
Very Good Quick Ratio
3.49
Growth
58.41 %
Most recent Quarter Quick Ratio
Period Ending - Feb-24
Very Good Quick Ratio
3.37
Quick Ratio Analysis of Biomerica Inc
| Quick Ratio of Biomerica Inc with value of 5.52 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Biomerica Inc with value of 3.37 indicates company has liquid assets to pay its obligations in latest Quarter ending on Feb-24. |
| Quick Ratio of BMRA rose handsomely by 58.41 % this year. |
| Quick Ratio with value of 8.07 was highest in Year May-20 in last Five Years. |
| Quick Ratio with value of 1.85 was lowest in Year May-19 in last Five Years. |
| Latest Quick Ratio with value of 5.52 is Greater than Average Quick Ratio of 4.71 in last five years. |
Other Quick Ratio Related Info of BMRA that may interest you.
Biomerica Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BMRA | 0.577 | 0.56 | 3.04 % | Medical Devices |
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
| Mild Stability | |
FY - Historical Quick Ratio of Biomerica Inc
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 5.52 | 3.49 | 4.63 | 8.07 | 1.85 | 2.57 | 4.69 |
| Change | 58.41 % | -24.77 % | -42.56 % | 335.17 % | -27.88 % | -45.21 % | -20.12 % |
FY Chart of Quick Ratio of Biomerica Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)