Quick Ratio Analysis of FGI Industries Ltd. WT - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.29
Period Ending - Dec-22
Indecisive Quick Ratio
1.09
Growth
17.89 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.16
Quick Ratio Analysis of FGI Industries Ltd. WT
| Quick Ratio of FGI Industries Ltd. WT with value of 1.16 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of FGIWW has grown by 17.89 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.29 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 0.638 was lowest in Year Dec-21 in last Five Years. |
| Latest Quick Ratio with value of 1.29 is Greater than Average Quick Ratio of 0.881 in last five years. |
Other Quick Ratio Related Info of FGIWW that may interest you.
FGI Industries Ltd. WT Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FGIWW | 0.2488 | 0.24 | 3.67 % | Furnishings, Fixtures & Appliances |
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
| No Significant Stability | |
FY - Historical Quick Ratio of FGI Industries Ltd. WT
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| Quick Ratio | 1.29 | 1.09 | 0.638 | 0.718 | 0.663 |
| Change | 17.89 % | 71.62 % | -11.12 % | 8.19 % |
FY Chart of Quick Ratio of FGI Industries Ltd. WT
Note : All Data Generated at the End of Trading Hours (EOD Data)