Quick Ratio Analysis of Software Acq Group III Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.55
Period Ending - Dec-22
Poor Quick Ratio
0.363
Growth
601.51 %
Most recent Quarter Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.55
Quick Ratio Analysis of Software Acq Group III Inc.
| Quick Ratio of Software Acq Group III Inc. with value of 2.55 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Software Acq Group III Inc. with value of 2.55 indicates company has liquid assets to pay its obligations in latest Quarter ending on Dec-23. |
| Quick Ratio of SWAG rose handsomely by 601.51 % this year. |
| Quick Ratio with value of 57.11 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.363 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 2.55 is lower than Average Quick Ratio of 12.33 in last five years. |
Other Quick Ratio Related Info of SWAG that may interest you.
Software Acq Group III Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SWAG | 1.04 | 1.1 | 5.45 % | Advertising Agencies |
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
| Excellent Stability | |
FY - Historical Quick Ratio of Software Acq Group III Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| Quick Ratio | 2.55 | 0.363 | 57.11 | 0.847 | 0.792 |
| Change | 601.51 % | -99.36 % | 6644.41 % | 6.94 % |
FY Chart of Quick Ratio of Software Acq Group III Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)