Quick Ratio Analysis of Teva Pharma Industries Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.691
Period Ending - Dec-22
Not Good Quick Ratio
0.717
Growth
-3.55 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.605
Quick Ratio Analysis of Teva Pharma Industries Ltd.
| Quick Ratio of Teva Pharma Industries Ltd. with value of 0.605 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of TEVA has fallen by -3.55 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.794 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.653 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.691 is lower than Average Quick Ratio of 0.703 in last five years. |
Other Quick Ratio Related Info of TEVA that may interest you.
Teva Pharma Industries Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TEVA | 17.16 | 17.4 | 1.38 % | Drug Manufacturers-Specialty & Generic |
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
| Poor Stability Stock | |
FY - Historical Quick Ratio of Teva Pharma Industries Ltd.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.691 | 0.717 | 0.794 | 0.653 | 0.661 | 0.633 | 0.584 |
| Change | -3.55 % | -9.75 % | 21.50 % | -1.18 % | 4.50 % | 8.44 % | -9.99 % |
FY Chart of Quick Ratio of Teva Pharma Industries Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)