Quick Ratio Analysis of Real Brokerage Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.86
Period Ending - Dec-22
Not Good Quick Ratio
0.990
Growth
87.67 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.20
Quick Ratio Analysis of Real Brokerage Inc
| Quick Ratio of Real Brokerage Inc with value of 1.20 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of REAX rose handsomely by 87.67 % this year. |
| Quick Ratio with value of 22.46 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.305 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 1.86 is lower than Average Quick Ratio of 5.89 in last five years. |
Other Quick Ratio Related Info of REAX that may interest you.
Real Brokerage Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| REAX | 4.05 | 4.2 | 3.57 % | Real Estate 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
| Poor Stability Stock | |
FY - Historical Quick Ratio of Real Brokerage Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| Quick Ratio | 1.86 | 0.990 | 3.84 | 22.46 | 0.305 | 0 |
| Change | 87.67 % | -74.25 % | -82.89 % | 7259.14 % |
FY Chart of Quick Ratio of Real Brokerage Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)