Quick Ratio Analysis of Thorne HealthTech Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-22
Indecisive Quick Ratio
1.47
Period Ending - Dec-21
Good Quick Ratio
2.34
Growth
-37.40 %
Most recent Quarter Quick Ratio
Period Ending - Jun-23
Indecisive Quick Ratio
1.13
Quick Ratio Analysis of Thorne HealthTech Inc
| Quick Ratio of Thorne HealthTech Inc with value of 1.13 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jun-23. |
| Quick Ratio of THRN drastically fell by -37.40 % this year. |
Other Quick Ratio Related Info of THRN that may interest you.
Thorne HealthTech Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| THRN | 10.19 | 10.2 | 0.098 % | Packaged Foods |
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
| Good Stability | |
FY - Historical Quick Ratio of Thorne HealthTech Inc
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|
| Quick Ratio | 1.47 | 2.34 | 1.16 | 0.190 |
| Change | -37.40 % | 101.70 % | 510.94 % |
FY Chart of Quick Ratio of Thorne HealthTech Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)