Quick Ratio Analysis of Tantech Holdings Ltd - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-22
Excellent Quick Ratio
7.82
Period Ending - Dec-21
Very Good Quick Ratio
4.81
Growth
62.47 %
Most recent Quarter Quick Ratio
Period Ending - Sep-23
Excellent Quick Ratio
7.25
Quick Ratio Analysis of Tantech Holdings Ltd
Quick Ratio of Tantech Holdings Ltd with value of 7.82 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Tantech Holdings Ltd with value of 7.25 indicates company has liquid assets to pay its obligations in latest Quarter ending on Sep-23. |
Quick Ratio of TANH rose handsomely by 62.47 % this year. |
Quick Ratio with value of 7.82 was highest in Year Dec-22 in last Five Years. |
Quick Ratio with value of 3.09 was lowest in Year Dec-18 in last Five Years. |
Latest Quick Ratio with value of 7.82 is Greater than Average Quick Ratio of 4.82 in last five years. |
Other Quick Ratio Related Info of TANH that may interest you.
Tantech Holdings Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TANH | 0.657 | 0.5751 | 14.24 % | Household & Personal Products |
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 Tantech Holdings Ltd
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Quick Ratio | 7.82 | 4.81 | 4.83 | 3.53 | 3.09 | 3.23 | 4.43 |
Change | 62.47 % | -0.459 % | 36.89 % | 14.45 % | -4.42 % | -27.14 % | -0.991 % |
FY Chart of Quick Ratio of Tantech Holdings Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)