Quick Ratio Analysis of Bruker Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.995
Period Ending - Dec-22
Indecisive Quick Ratio
1.45
Growth
-31.17 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.913
Quick Ratio Analysis of Bruker Corporation
Quick Ratio of Bruker Corporation with value of 0.913 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of BRKR drastically fell by -31.17 % this year. |
Quick Ratio with value of 1.89 was highest in Year Dec-19 in last Five Years. |
Quick Ratio with value of 0.995 was lowest in Year Dec-23 in last Five Years. |
Latest Quick Ratio with value of 0.995 is lower than Average Quick Ratio of 1.55 in last five years. |
Other Quick Ratio Related Info of BRKR that may interest you.
Bruker Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
BRKR | 64.85 | 64.53 | 0.496 % | 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 Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
No Significant Stability |
FY - Historical Quick Ratio of Bruker Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.995 | 1.45 | 1.88 | 1.56 | 1.89 | 1.33 | 1.66 |
Change | -31.17 % | -23.00 % | 20.59 % | -17.57 % | 42.40 % | -20.29 % | 4.48 % |
FY Chart of Quick Ratio of Bruker Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)