Quick Ratio Analysis of Thermogenesis Holdings Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.321
Period Ending - Dec-22
Not Good Quick Ratio
0.656
Growth
-51.09 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.321
Quick Ratio Analysis of Thermogenesis Holdings Inc
Quick Ratio of Thermogenesis Holdings Inc with value of 0.321 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Thermogenesis Holdings Inc with value of 0.321 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of THMO drastically fell by -51.09 % this year. |
Quick Ratio with value of 1.53 was highest in Year Dec-20 in last Five Years. |
Quick Ratio of THMO trending down for at least three Years. |
Latest Quick Ratio with value of 0.321 is lower than Average Quick Ratio of 0.985 in last five years. |
Other Quick Ratio Related Info of THMO that may interest you.
Thermogenesis Holdings Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
THMO | 0.5555 | 0.5569 | 0.251 % | 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
Poor Stability Stock |
FY - Historical Quick Ratio of Thermogenesis Holdings Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.321 | 0.656 | 1.51 | 1.53 | 0.903 | 0.649 | 1.67 |
Change | -51.09 % | -56.58 % | -1.48 % | 69.82 % | 39.08 % | -61.18 % | 0.223 % |
FY Chart of Quick Ratio of Thermogenesis Holdings Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)