Quick Ratio Analysis of Meten Edtechx Edu Grp Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-22
Not Good Quick Ratio
0.978
Period Ending - Dec-21
Not Good Quick Ratio
0.534
Growth
83.07 %
Most recent Quarter Quick Ratio
Period Ending - Dec-22
Not Good Quick Ratio
0.978
Quick Ratio Analysis of Meten Edtechx Edu Grp Ltd.
| Quick Ratio of Meten Edtechx Edu Grp Ltd. with value of 0.978 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Dec-22. |
| Quick Ratio of METX rose handsomely by 83.07 % this year. |
| Quick Ratio with value of 0.978 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0.200 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.978 is Greater than Average Quick Ratio of 0.463 in last five years. |
Other Quick Ratio Related Info of METX that may interest you.
Meten Edtechx Edu Grp Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| METX | 2.03 | 1.86 | 9.14 % | Education & Training Services |
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
| Good Stability | |
FY - Historical Quick Ratio of Meten Edtechx Edu Grp Ltd.
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.978 | 0.534 | 0.200 | 0.242 | 0.361 | 0 | 0 |
| Change | 83.07 % | 167.40 % | -17.37 % | -33.06 % |
FY Chart of Quick Ratio of Meten Edtechx Edu Grp Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)