Deveron (DVRNF) Quick Ratio

Price: $0.0009
Market Cap: $53.96K
Avg Volume: 1.04K
Country: CA
Industry: Information Technology Services
Sector: Technology
Beta: 1.427
52W Range: $0.0008-0.1
Website: Deveron

Deveron Quick Ratio

  • Annual: 0.13
  • Quarterly: 0.14
  • TTM: 0.14

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 Deveron's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.13
    • Quarterly: 0.14
    • TTM: 0.14
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.03
    • Quarterly: 0.04
    • TTM: 0.04

These metrics provide insights into Deveron'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

0.14

TTM Quick Ratio

0.14

Deveron Historical Quick Ratio
10.0010.008.008.006.006.004.004.002.002.000.000.00Quick Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Current Ratio
10.0010.008.008.006.006.004.004.002.002.000.000.00Current Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
8.008.006.006.004.004.002.002.000.000.00Cash Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024

Deveron 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 0.13 0.13 0.03
2022 0.91 0.91 0.38
2021 2.45 2.38 1.69
2020 8.73 8.73 7.71
2019 3.89 3.89 2.45
2018 8.55 8.55 7.44
2017 2.16 2.16 1.71
2016 0.66 0.66 0.38
2015 0.06 0.06 0.05
2014 0.31 0.30 0.27

Related Metrics

Explore detailed financial metrics and analysis for DVRNF.