Quick Ratio Analysis of Hesai Group ADR - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Quick Ratio
Period Ending - Dec-23

2.92


Good Quick Ratio
Period Ending - Dec-22
2.59

Good Quick Ratio
Growth
12.89 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

2.84


Good Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
HSAI4.814.83 0.414 % Auto Parts
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
Low Stability Stock
FY - Historical Quick Ratio of Hesai Group ADR
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Quick Ratio2.922.593.496.354.06
Change12.89 %-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)