Quick Ratio Analysis of Silk Road Medical Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
6.97
Period Ending - Dec-22
Excellent Quick Ratio
9.62
Growth
-27.60 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
9.62
Quick Ratio Analysis of Silk Road Medical Inc
| Quick Ratio of Silk Road Medical Inc with value of 6.97 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Silk Road Medical Inc with value of 9.62 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of SILK drastically fell by -27.60 % this year. |
| Quick Ratio with value of 9.62 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 4.81 was lowest in Year Dec-21 in last Five Years. |
| Latest Quick Ratio with value of 6.97 is lower than Average Quick Ratio of 7.16 in last five years. |
Other Quick Ratio Related Info of SILK that may interest you.
Silk Road Medical Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SILK | 21.74 | 20.58 | 5.64 % | Medical Devices |
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 Silk Road Medical Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 6.97 | 9.62 | 4.81 | 8.35 | 6.03 | 3.50 | 8.34 |
| Change | -27.60 % | 100.02 % | -42.41 % | 38.43 % | 72.48 % | -58.06 % |
FY Chart of Quick Ratio of Silk Road Medical Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)