Quick Ratio Analysis of MiMedx Group Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
3.11
Period Ending - Dec-22
Good Quick Ratio
2.78
Growth
12.06 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.71
Quick Ratio Analysis of MiMedx Group Inc
Quick Ratio of MiMedx Group Inc with value of 3.11 indicates company has liquid assets to pay its obligations. |
Quick Ratio of MiMedx Group Inc with value of 2.71 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of MDXG has grown by 12.06 % Compared to previous Financial Year. |
Quick Ratio with value of 3.24 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 0.812 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 3.11 is Greater than Average Quick Ratio of 2.33 in last five years. |
Other Quick Ratio Related Info of MDXG that may interest you.
MiMedx Group Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MDXG | 7.15 | 7.12 | 0.421 % | Biotechnology |
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
No Significant Stability |
FY - Historical Quick Ratio of MiMedx Group Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 3.11 | 2.78 | 3.24 | 1.70 | 0.812 | 0.812 | 0.857 |
Change | 12.06 % | -14.19 % | 90.96 % | 108.92 % | 0 % | -5.36 % | -59.99 % |
FY Chart of Quick Ratio of MiMedx Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)