CDT Environmental Technology Investment Holdings ordinary shares (CDTG) Quick Ratio

Price: $1.91
Market Cap: $20.44M
Avg Volume: 145.82K
Country: KY
Industry: Waste Management
Sector: Industrials
Beta: -2.4169643
52W Range: $1.16-4.64
Website: CDT Environmental Technology Investment Holdings ordinary shares

CDT Environmental Technology Investment Holdings ordinary shares Quick Ratio

  • Annual: 1.60
  • Quarterly: 1.73
  • TTM: 1.73

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 CDT Environmental Technology Investment Holdings ordinary shares's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 1.60
    • Quarterly: 1.73
    • TTM: 1.73
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.01
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into CDT Environmental Technology Investment Holdings ordinary shares'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

1.60

Quarterly Quick Ratio

1.73

TTM Quick Ratio

1.73

CDT Environmental Technology Investment Holdings ordinary shares Historical Quick Ratio
240.00240.00180.00180.00120.00120.0060.0060.000.000.00Quick Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Current Ratio
240.00240.00180.00180.00120.00120.0060.0060.000.000.00Current Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Cash Ratio
10.0010.008.008.006.006.004.004.002.002.000.000.00Cash Ratio20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024

CDT Environmental Technology Investment Holdings ordinary shares 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 1.60 1.60 0.01
2022 1.43 1.43 0.01
2021 1.91 1.91 0.06
2020 1.62 1.77 0.03
2019 224.52 224.52 8.44

Related Metrics

Explore detailed financial metrics and analysis for CDTG.