Quick Ratio Analysis of Rapid Micro Biosystems Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Latest FY Quick Ratio
Period Ending - Oct-23

5.29


Very Good Quick Ratio
Period Ending - Oct-22
6.16

Excellent Quick Ratio
Growth
-14.14 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24

5.62


Very Good Quick Ratio
Quick Ratio Analysis of Rapid Micro Biosystems Inc
Quick Ratio of Rapid Micro Biosystems Inc with value of 5.29 indicates company has liquid assets to pay its obligations.
Quick Ratio of Rapid Micro Biosystems Inc with value of 5.62 indicates company has liquid assets to pay its obligations in latest Quarter ending on Apr-24.
Quick Ratio of RPID has fallen by -14.14 % Compared to previous Financial Year.
Quick Ratio with value of 11.14 was highest in Year Oct-21 in last Five Years.
Quick Ratio with value of 1.70 was lowest in Year Oct-19 in last Five Years.
Latest Quick Ratio with value of 5.29 is lower than Average Quick Ratio of 5.54 in last five years.
Other Quick Ratio Related Info of RPID that may interest you.
Rapid Micro Biosystems Inc Overview
CodePricePrevious PricePrice ChangeSector
RPID0.83010.82 1.23 % Medical Devices
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
No Significant Stability
FY - Historical Quick Ratio of Rapid Micro Biosystems Inc
PeriodOct-23Oct-22Oct-21Oct-20Oct-19Oct-11Oct-10
Quick Ratio5.296.1611.143.421.7000
Change-14.14 %-44.71 %225.74 %101.68 %
FY Chart of Quick Ratio of Rapid Micro Biosystems Inc


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