Bio-Rad Laboratories (BIO) Quick Ratio
Market Cap: $6.73B
Avg Volume: 365.03K
Industry: Medical - Devices
Sector: Healthcare
Bio-Rad Laboratories Quick Ratio
- Annual: 2.58
- Quarterly: 4.85
- TTM: 4.85
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 Bio-Rad Laboratories's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 2.58
- Quarterly: 6.48
- TTM: 6.48
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.00
- Quarterly: 1.04
- TTM: 1.04
These metrics provide insights into Bio-Rad Laboratories'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
2.58
Quarterly Quick Ratio
4.85
TTM Quick Ratio
4.85
Bio-Rad Laboratories Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Bio-Rad Laboratories Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Quick Ratio | Current Ratio | Cash Ratio |
|---|---|---|---|
| 2024 | 2.58 | 2.58 | 0.00 |
| 2023 | 4.34 | 5.83 | 0.77 |
| 2022 | 4.29 | 5.55 | 0.76 |
| 2021 | 2.08 | 2.92 | 0.69 |
| 2020 | 2.40 | 3.39 | 1.05 |
| 2019 | 1.80 | 2.41 | 0.73 |
| 2018 | 3.20 | 4.51 | 0.96 |
| 2017 | 2.75 | 3.93 | 0.76 |
| 2016 | 2.80 | 3.91 | 0.97 |
| 2015 | 2.92 | 4.03 | 1.04 |
Related Metrics
Explore detailed financial metrics and analysis for BIO.