Quick Ratio Analysis of Medirom Healthcare Tech Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-22
Not Good Quick Ratio
0.618
Period Ending - Dec-21
Poor Quick Ratio
0.427
Growth
44.76 %
Most recent Quarter Quick Ratio
Period Ending - Jun-23
Poor Quick Ratio
0.419
Quick Ratio Analysis of Medirom Healthcare Tech Inc.
| Quick Ratio of Medirom Healthcare Tech Inc. with value of 0.419 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jun-23. |
| Quick Ratio of MRM rose handsomely by 44.76 % this year. |
| Quick Ratio with value of 1.28 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.395 was lowest in Year Dec-18 in last Five Years. |
| Latest Quick Ratio with value of 0.618 is lower than Average Quick Ratio of 0.665 in last five years. |
Other Quick Ratio Related Info of MRM that may interest you.
Medirom Healthcare Tech Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MRM | 5.11 | 5.14 | 0.584 % | Personal 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
| Low Stability Stock | |
FY - Historical Quick Ratio of Medirom Healthcare Tech Inc.
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|
| Quick Ratio | 0.618 | 0.427 | 1.28 | 0.607 | 0.395 |
| Change | 44.76 % | -66.71 % | 111.14 % | 53.80 % |
FY Chart of Quick Ratio of Medirom Healthcare Tech Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)