Quick Ratio Analysis of Horizon Tech Fin Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.07
Period Ending - Dec-22
Very Poor Quick Ratio
-2.56
Growth
141.92 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Good Quick Ratio
3.74
Quick Ratio Analysis of Horizon Tech Fin Corp
| Quick Ratio of Horizon Tech Fin Corp with value of 3.74 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of HTFB rose handsomely by 141.92 % this year. |
| Quick Ratio with value of 1.07 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of -5.97 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 1.07 is Greater than Average Quick Ratio of -1.73 in last five years. |
Other Quick Ratio Related Info of HTFB that may interest you.
Horizon Tech Fin Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HTFB | 24.0001 | 24.33 | 1.36 % |
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
| Mild Stability | |
FY - Historical Quick Ratio of Horizon Tech Fin Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.07 | -2.56 | 0.0456 | -5.97 | -1.24 | 0 | 0 |
| Change | 141.92 % | -5707.73 % | 100.76 % | -381.81 % | 0 % |
FY Chart of Quick Ratio of Horizon Tech Fin Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)