AVROBIO (AVRO) Quick Ratio

Price: $1.4
Market Cap: $5.24M
Avg Volume: 19.05K
Country: US
Industry: Biotechnology
Sector: Healthcare
Beta: 1.223
52W Range: $1.38-19.8
Website: AVROBIO

AVROBIO Quick Ratio

  • Annual: 15.78
  • Quarterly: 26.17
  • TTM: 26.17

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 AVROBIO's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 15.78
    • Quarterly: 26.17
    • TTM: 26.17
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 15.47
    • Quarterly: 25.87
    • TTM: 25.87

These metrics provide insights into AVROBIO'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

15.78

Quarterly Quick Ratio

26.17

TTM Quick Ratio

26.17

AVROBIO Historical Quick Ratio
20.0020.0016.0016.0012.0012.008.008.004.004.000.000.00Quick Ratio2017201720182018201920192020202020212021202220222023202320242024
Historical Current Ratio
20.0020.0016.0016.0012.0012.008.008.004.004.000.000.00Current Ratio2017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
16.0016.0012.0012.008.008.004.004.000.000.00Cash Ratio2017201720182018201920192020202020212021202220222023202320242024

AVROBIO 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 15.78 15.78 15.47
2022 8.25 8.23 7.64
2021 10.41 10.27 9.78
2020 16.24 16.09 15.63
2019 14.11 13.96 13.34
2018 12.40 12.26 11.91
2017 2.40 2.40 2.27
2016 6.03 6.03 6.01

Related Metrics

Explore detailed financial metrics and analysis for AVRO.