ADS-TEC Energy PLC (ADSEW) Quick Ratio

Price: $2.19
Market Cap: $656.75M
Avg Volume: 21.21K
Country: IE
Industry: Electrical Equipment & Parts
Sector: Industrials
Beta: 0.428
52W Range: $2.19-2.19
Website: ADS-TEC Energy PLC

ADS-TEC Energy PLC Quick Ratio

  • Annual: 0.84
  • Quarterly: 0.87
  • TTM: 0.87

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess ADS-TEC Energy PLC's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.48
    • Quarterly: 1.47
    • TTM: 1.47
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.48
    • Quarterly: 0.37
    • TTM: 0.37

These metrics provide insights into ADS-TEC Energy PLC's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

0.84

Quarterly Quick Ratio

0.87

TTM Quick Ratio

0.87

ADS-TEC Energy PLC Historical Quick Ratio
4.004.003.003.002.002.001.001.000.000.00Quick Ratio201920192020202020212021202220222023202320242024
Historical Current Ratio
5.005.004.004.003.003.002.002.001.001.000.000.00Current Ratio201920192020202020212021202220222023202320242024
Historical Cash Ratio
4.004.003.003.002.002.001.001.000.000.00Cash Ratio201920192020202020212021202220222023202320242024

ADS-TEC Energy PLC Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Quick Ratio Current Ratio Cash Ratio
2023 0.84 1.48 0.48
2022 1.23 2.48 0.81
2021 3.75 4.18 3.34
2020 0.16 1.08 0.00
2019 0.31 1.12 0.21
2018 0.79 1.34 0.68

Related Metrics

Explore detailed financial metrics and analysis for ADSEW.