Quick Ratio Analysis of Nocera Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.917
Period Ending - Dec-22
Good Quick Ratio
2.07
Growth
-55.62 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.916
Quick Ratio Analysis of Nocera Inc
Quick Ratio of Nocera Inc with value of 0.916 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of NCRA drastically fell by -55.62 % this year. |
Quick Ratio with value of 2.34 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 0.853 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 0.917 is lower than Average Quick Ratio of 1.43 in last five years. |
Other Quick Ratio Related Info of NCRA that may interest you.
Nocera Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NCRA | 1.25 | 1.11 | 12.61 % | Packaged Foods |
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 Nocera Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.917 | 2.07 | 2.34 | 0.993 | 0.853 | 1.86 | 0.0126 |
Change | -55.62 % | -11.56 % | 135.37 % | 16.39 % | -54.25 % | 14643.29 % |
FY Chart of Quick Ratio of Nocera Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)