Quick Ratio Analysis of Verona Pharma PLC - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
33.33
Period Ending - Dec-22
Excellent Quick Ratio
12.64
Growth
163.72 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
18.40
Quick Ratio Analysis of Verona Pharma PLC
| Quick Ratio of Verona Pharma PLC with value of 33.33 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Verona Pharma PLC with value of 18.40 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of VRNA rose handsomely by 163.72 % this year. |
| Quick Ratio with value of 33.33 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 3.98 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 33.33 is Greater than Average Quick Ratio of 13.77 in last five years. |
Other Quick Ratio Related Info of VRNA that may interest you.
Verona Pharma PLC Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| VRNA | 15.14 | 15.56 | 2.70 % | Biotechnology |
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
| Low Stability Stock | |
FY - Historical Quick Ratio of Verona Pharma PLC
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 33.33 | 12.64 | 4.97 | 13.94 | 3.98 | 0 | 0 |
| Change | 163.72 % | 154.42 % | -64.36 % | 250.41 % |
FY Chart of Quick Ratio of Verona Pharma PLC
Note : All Data Generated at the End of Trading Hours (EOD Data)