AGM Group Holdings (AGMH) Quick Ratio

Price: $0.047
Market Cap: $1.24M
Avg Volume: 25.57M
Country: HK
Industry: Software - Application
Sector: Technology
Beta: 1.151
52W Range: $0.042-2.19
Website: AGM Group Holdings

AGM Group Holdings Quick Ratio

  • Annual: 0.13
  • Quarterly: 0.85
  • TTM: 0.85

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 AGM Group Holdings's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.12
    • Quarterly: 0.85
    • TTM: 0.85
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.02
    • Quarterly: 0.02
    • TTM: 0.02

These metrics provide insights into AGM Group Holdings'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

0.13

Quarterly Quick Ratio

0.85

TTM Quick Ratio

0.85

AGM Group Holdings Historical Quick Ratio
3.003.002.002.001.001.000.000.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Current Ratio
3.003.002.002.001.001.000.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
3.003.002.002.001.001.000.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

AGM Group Holdings 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 0.13 1.12 0.02
2022 1.19 1.24 0.04
2021 1.03 1.38 0.29
2020 2.51 2.51 0.27
2019 3.00 2.74 0.78
2018 2.68 2.68 2.51
2017 0.51 1.30 0.46
2016 1.20 1.38 0.68
2015 0.07 0.07 0.06

Related Metrics

Explore detailed financial metrics and analysis for AGMH.