Quick Ratio Analysis of Euroseas Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.24
Period Ending - Dec-22
Not Good Quick Ratio
0.605
Growth
104.93 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.24
Quick Ratio Analysis of Euroseas Ltd
| Quick Ratio of Euroseas Ltd with value of 1.24 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ESEA rose handsomely by 104.93 % this year. |
| Quick Ratio with value of 1.24 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 0.177 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 1.24 is Greater than Average Quick Ratio of 0.625 in last five years. |
Other Quick Ratio Related Info of ESEA that may interest you.
Euroseas Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ESEA | 38.62 | 39.34 | 1.83 % | Marine Shipping |
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
| Good Stability | |
FY - Historical Quick Ratio of Euroseas Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.24 | 0.605 | 0.824 | 0.280 | 0.177 | 0.888 | 0.779 |
| Change | 104.93 % | -26.64 % | 194.12 % | 58.01 % | -80.02 % | 13.94 % | -4.89 % |
FY Chart of Quick Ratio of Euroseas Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)