Quick Ratio Analysis of Betterware De Mexico SA de CV - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.518
Period Ending - Dec-22
Not Good Quick Ratio
0.713
Growth
-27.46 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.513
Quick Ratio Analysis of Betterware De Mexico SA de CV
Quick Ratio of Betterware De Mexico SA de CV with value of 0.513 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of BWMX drastically fell by -27.46 % this year. |
Quick Ratio with value of 0.899 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 0.518 was lowest in Year Dec-23 in last Five Years. |
Latest Quick Ratio with value of 0.518 is lower than Average Quick Ratio of 0.662 in last five years. |
Other Quick Ratio Related Info of BWMX that may interest you.
Betterware De Mexico SA de CV Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
BWMX | 16.66 | 16.94 | 1.65 % | Specialty Retail |
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 Betterware De Mexico SA de CV
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.518 | 0.713 | 0.899 | 0.569 | 0.609 | 0.582 | 0.944 |
Change | -27.46 % | -20.61 % | 57.86 % | -6.55 % | 4.64 % | -38.30 % |
FY Chart of Quick Ratio of Betterware De Mexico SA de CV
Note : All Data Generated at the End of Trading Hours (EOD Data)