Quick Ratio Analysis of Titan Pharmaceuticals Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0


Poor Quick Ratio
Period Ending - Dec-22
1.33

Indecisive Quick Ratio
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

5.55


Very Good Quick Ratio
Quick Ratio Analysis of Titan Pharmaceuticals Inc
Quick Ratio of Titan Pharmaceuticals Inc with value of 0 indicates company has highly illiquid balance sheet ro pay its obligations.
Quick Ratio of Titan Pharmaceuticals Inc with value of 5.55 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of TTNP has fallen by 0 % Compared to previous Financial Year.
Quick Ratio with value of 2.60 was highest in Year Dec-21 in last Five Years.
Quick Ratio with value of 0 was lowest in Year Dec-23 in last Five Years.
Latest Quick Ratio with value of 0 is lower than Average Quick Ratio of 1.52 in last five years.
Other Quick Ratio Related Info of TTNP that may interest you.
Titan Pharmaceuticals Inc Overview
CodePricePrevious PricePrice ChangeSector
TTNP6.51026.5102 0 % Biotechnology
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Quick Ratio of Titan Pharmaceuticals Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio01.332.601.662.033.490
Change0 %-48.83 %56.78 %-18.37 %-41.78 %0 %
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FY Chart of Quick Ratio of Titan Pharmaceuticals Inc


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