Quick Ratio Analysis of Gelesis Holdings Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-22

0.130


Poor Quick Ratio
Period Ending - Dec-21
0.536

Not Good Quick Ratio
Growth
-75.81 %
Most recent Quarter Quick Ratio
Period Ending - Mar-23

0.256


Poor Quick Ratio
Quick Ratio Analysis of Gelesis Holdings Inc
Quick Ratio of Gelesis Holdings Inc with value of 0.130 indicates company has highly illiquid balance sheet ro pay its obligations.
Quick Ratio of Gelesis Holdings Inc with value of 0.256 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-23.
Quick Ratio of GLS drastically fell by -75.81 % this year.
Quick Ratio with value of 5.01 was highest in Year Dec-20 in last Five Years.
Quick Ratio with value of 0 was lowest in Year Dec-19 in last Five Years.
Latest Quick Ratio with value of 0.130 is lower than Average Quick Ratio of 1.13 in last five years.
Other Quick Ratio Related Info of GLS that may interest you.
Gelesis Holdings Inc Overview
CodePricePrevious PricePrice ChangeSector
GLS0.01200.030060.00 % Biotechnology
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
Poor Stability Stock
FY - Historical Quick Ratio of Gelesis Holdings Inc
PeriodDec-22Dec-21Dec-20Dec-19Dec-14Dec-13
Quick Ratio0.1300.5365.01000
Change-75.81 %-89.30 %
FY Chart of Quick Ratio of Gelesis Holdings Inc


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