Quick Ratio Analysis of HUTCHMED (China) Ltd. - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.60
Period Ending - Dec-22
Good Quick Ratio
2.21
Growth
17.34 %
Most recent Quarter Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.60
Quick Ratio Analysis of HUTCHMED (China) Ltd.
Quick Ratio of HUTCHMED (China) Ltd. with value of 2.60 indicates company has liquid assets to pay its obligations. |
Quick Ratio of HUTCHMED (China) Ltd. with value of 2.60 indicates company has liquid assets to pay its obligations in latest Quarter ending on Dec-23. |
Quick Ratio of HCM has grown by 17.34 % Compared to previous Financial Year. |
Quick Ratio with value of 3.77 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 2.21 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 2.60 is lower than Average Quick Ratio of 2.89 in last five years. |
Other Quick Ratio Related Info of HCM that may interest you.
HUTCHMED (China) Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HCM | 18.53 | 18.85 | 1.70 % | Drug Manufacturers-Specialty & Generic |
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
Excellent Stability |
FY - Historical Quick Ratio of HUTCHMED (China) Ltd.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.60 | 2.21 | 3.77 | 3.23 | 2.66 | 4.19 | 4.02 |
Change | 17.34 % | -41.37 % | 17.00 % | 21.29 % | -36.54 % | 4.27 % | 147.35 % |
FY Chart of Quick Ratio of HUTCHMED (China) Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)