Quick Ratio Analysis of Richmond Mutual Bancorp Inc. - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

21.87


Excellent Quick Ratio
Period Ending - Dec-22
126.37

Excellent Quick Ratio
Growth
-82.70 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

22.99


Excellent Quick Ratio
Quick Ratio Analysis of Richmond Mutual Bancorp Inc.
Quick Ratio of Richmond Mutual Bancorp Inc. with value of 21.87 indicates company has liquid assets to pay its obligations.
Quick Ratio of Richmond Mutual Bancorp Inc. with value of 22.99 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of RMBI drastically fell by -82.70 % this year.
Quick Ratio with value of 126.37 was highest in Year Dec-22 in last Five Years.
Quick Ratio with value of 0.411 was lowest in Year Dec-21 in last Five Years.
Latest Quick Ratio with value of 21.87 is lower than Average Quick Ratio of 30.16 in last five years.
Other Quick Ratio Related Info of RMBI that may interest you.
Richmond Mutual Bancorp Inc. Overview
CodePricePrevious PricePrice ChangeSector
RMBI11.6511.69 0.342 % Banks-Regional
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Quick Ratio of Richmond Mutual Bancorp Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio21.87126.370.4111.170.9991.111.06
Change-82.70 %30629.23 %-64.85 %17.12 %-10.15 %4.63 %
FY Chart of Quick Ratio of Richmond Mutual Bancorp Inc.


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