Healthy Choice Wellness (HCWC) Quick Ratio

Price: $0.375
Market Cap: $6.56M
Avg Volume: 208.63K
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Beta: 1.5774693
52W Range: $0.29-8.5
Website: Healthy Choice Wellness

Healthy Choice Wellness Quick Ratio

  • Annual: 0.27
  • Quarterly: 0.27
  • TTM: 0.27

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 Healthy Choice Wellness's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 0.81
    • Quarterly: 0.81
    • TTM: 0.81
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.17
    • Quarterly: 0.17
    • TTM: 0.17

These metrics provide insights into Healthy Choice Wellness'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

0.27

Quarterly Quick Ratio

0.27

TTM Quick Ratio

0.27

Healthy Choice Wellness Historical Quick Ratio
0.610.610.480.480.360.360.240.240.120.120.000.00Quick Ratio20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Current Ratio
3.003.002.002.001.001.000.000.00Current Ratio20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Historical Cash Ratio
0.490.490.400.400.300.300.200.200.100.100.000.00Cash Ratio20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

Healthy Choice Wellness 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 0.27 0.81 0.17
2023 0.21 0.69 0.17
2022 0.34 0.86 0.28
2021 0.61 2.45 0.49
2020 0.12 1.25 0.06

Related Metrics

Explore detailed financial metrics and analysis for HCWC.