Quick Ratio Analysis of Newegg Commerce Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.702
Period Ending - Dec-22
Not Good Quick Ratio
0.758
Growth
-7.34 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.702
Quick Ratio Analysis of Newegg Commerce Inc
| Quick Ratio of Newegg Commerce Inc with value of 0.702 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of NEGG has fallen by -7.34 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.758 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0.183 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 0.702 is Greater than Average Quick Ratio of 0.565 in last five years. |
Other Quick Ratio Related Info of NEGG that may interest you.
Newegg Commerce Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NEGG | 0.8811 | 0.8815 | 0.0454 % | Internet Retail |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Newegg Commerce Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.702 | 0.758 | 0.544 | 0.635 | 0.183 | 0.939 | 2.84 |
| Change | -7.34 % | 39.30 % | -14.35 % | 246.91 % | -80.50 % | -66.94 % | 528.91 % |
FY Chart of Quick Ratio of Newegg Commerce Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)