Cash Ratio Analysis of Tela Bio Inc - Deep Dive


Cash Ratio of TELA
Dec-23
2.75
Good Cash Ratio
Dec-22
3.39
Very Good Cash Ratio
Growth
-18.71
%
Cash Ratio Analysis of Tela Bio Inc
Cash Ratio of TELA has fallen by -18.71 % Compared to previous Financial Year.
Cash Ratio with value of 11.26 was highest in Year Dec-20 in last Five Years.
Cash Ratio of TELA trending down for at least three Years.
Latest Cash Ratio with value of 2.75 is lower than Average Cash Ratio of 5.94 in last five years.
Other Cash Ratio Related Info of TELA that may interest you.
Tela Bio Inc Overview
CodePricePrevious PricePrice ChangeSector
TELA5.365.53 3.07 % Medical Devices
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Cash Ratio of Tela Bio Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio2.753.394.1511.268.131.811.85
Change-18.71 %-18.45 %-63.12 %38.51 %349.87 %-2.06 %
FY Chart of Cash Ratio of Tela Bio Inc


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