Quick Ratio Analysis of Paragon 28 Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

2.30


Good Quick Ratio
Period Ending - Dec-22
1.19

Indecisive Quick Ratio
Growth
93.32 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.78


Indecisive Quick Ratio
Quick Ratio Analysis of Paragon 28 Inc
Quick Ratio of Paragon 28 Inc with value of 2.30 indicates company has liquid assets to pay its obligations.
Quick Ratio of Paragon 28 Inc with value of 1.78 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of FNA rose handsomely by 93.32 % this year.
Quick Ratio with value of 4.10 was highest in Year Dec-21 in last Five Years.
Quick Ratio with value of 0.560 was lowest in Year Dec-19 in last Five Years.
Latest Quick Ratio with value of 2.30 is Greater than Average Quick Ratio of 1.99 in last five years.
Other Quick Ratio Related Info of FNA that may interest you.
Paragon 28 Inc Overview
CodePricePrevious PricePrice ChangeSector
FNA7.697.78 1.16 % Medical Devices
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
Very Low Stability Stock
FY - Historical Quick Ratio of Paragon 28 Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Quick Ratio2.301.194.101.790.560
Change93.32 %-71.02 %128.77 %220.28 %
FY Chart of Quick Ratio of Paragon 28 Inc


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