Cash Ratio Analysis of Orthofix Medical Inc - Deep Dive


Cash Ratio of OFIX
Dec-23
0.229
Poor Cash Ratio
Dec-22
0.606
Not Good Cash Ratio
Growth
-62.31
%
Cash Ratio Analysis of Orthofix Medical Inc
Cash Ratio of Orthofix Medical Inc with value of 0.229 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of OFIX drastically fell by -62.31 % this year.
Cash Ratio with value of 0.927 was highest in Year Dec-20 in last Five Years.
Cash Ratio of OFIX trending down for at least three Years.
Latest Cash Ratio with value of 0.229 is lower than Average Cash Ratio of 0.683 in last five years.
Other Cash Ratio Related Info of OFIX that may interest you.
Orthofix Medical Inc Overview
CodePricePrevious PricePrice ChangeSector
OFIX12.5712.38 1.53 % Medical Devices
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Very Low Stability Stock
FY - Historical Cash Ratio of Orthofix Medical Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.2290.6060.8300.9270.8210.8101.02
Change-62.31 %-26.96 %-10.43 %12.84 %1.35 %-20.70 %115.51 %
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FY Chart of Cash Ratio of Orthofix Medical Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)