Quick Ratio Analysis of Kandi Technologies Group Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
3.68
Period Ending - Dec-22
Very Good Quick Ratio
3.54
Growth
3.78 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Very Good Quick Ratio
3.68
Quick Ratio Analysis of Kandi Technologies Group Inc
Quick Ratio of Kandi Technologies Group Inc with value of 3.68 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Kandi Technologies Group Inc with value of 3.68 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of KNDI has grown by 3.78 % Compared to previous Financial Year. |
Quick Ratio with value of 4.82 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 1.27 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 3.68 is Greater than Average Quick Ratio of 3.35 in last five years. |
Other Quick Ratio Related Info of KNDI that may interest you.
Kandi Technologies Group Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
KNDI | 2.23 | 2.24 | 0.446 % | 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
Mild Stability |
FY - Historical Quick Ratio of Kandi Technologies Group Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 3.68 | 3.54 | 4.82 | 3.43 | 1.27 | 0.882 | 1.20 |
Change | 3.78 % | -26.52 % | 40.61 % | 169.50 % | 44.32 % | -26.78 % | -15.12 % |
FY Chart of Quick Ratio of Kandi Technologies Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)