Quick Ratio Analysis of Hesai Group ADR - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.92
Period Ending - Dec-22
Good Quick Ratio
2.59
Growth
12.89 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.84
Quick Ratio Analysis of Hesai Group ADR
Quick Ratio of Hesai Group ADR with value of 2.92 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Hesai Group ADR with value of 2.84 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of HSAI has grown by 12.89 % Compared to previous Financial Year. |
Quick Ratio with value of 6.35 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 2.59 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 2.92 is lower than Average Quick Ratio of 3.88 in last five years. |
Other Quick Ratio Related Info of HSAI that may interest you.
Hesai Group ADR Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
HSAI | 4.81 | 4.83 | 0.414 % | Auto Parts |
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
Low Stability Stock |
FY - Historical Quick Ratio of Hesai Group ADR
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
---|---|---|---|---|---|
Quick Ratio | 2.92 | 2.59 | 3.49 | 6.35 | 4.06 |
Change | 12.89 % | -25.91 % | -45.00 % | 56.61 % |
FY Chart of Quick Ratio of Hesai Group ADR
Note : All Data Generated at the End of Trading Hours (EOD Data)