Quick Ratio Analysis of Direct Digital Holdings 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

1.33


Indecisive Quick Ratio
Period Ending - Dec-22
1.20

Indecisive Quick Ratio
Growth
11.34 %
Most recent Quarter Quick Ratio
Period Ending - Dec-23

1.33


Indecisive Quick Ratio
Quick Ratio Analysis of Direct Digital Holdings Inc
Quick Ratio of Direct Digital Holdings Inc with value of 1.33 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Dec-23.
Quick Ratio of DRCT has grown by 11.34 % Compared to previous Financial Year.
Quick Ratio with value of 1.33 was highest in Year Dec-23 in last Five Years.
Quick Ratio with value of 0 was lowest in Year Dec-21 in last Five Years.
Latest Quick Ratio with value of 1.33 is Greater than Average Quick Ratio of 0.506 in last five years.
Other Quick Ratio Related Info of DRCT that may interest you.
Direct Digital Holdings Inc Overview
CodePricePrevious PricePrice ChangeSector
DRCT3.393.39 0 % Advertising Agencies
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
No Significant Stability
FY - Historical Quick Ratio of Direct Digital Holdings Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Quick Ratio1.331.20000
Change11.34 %
FY Chart of Quick Ratio of Direct Digital Holdings Inc


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