Psychemedics Current Ratio

• Annual: 1.45
• Quarterly: 1.60
• TTM: 1.60

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Psychemedics's financial health include:

• Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
  • Annual: 1.45
  • Quarterly: 1.60
  • TTM: 1.60
• Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
  • Annual: 0.42
  • Quarterly: 0.38
  • TTM: 0.38

These metrics provide insights into Psychemedics'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.

Psychemedics Historical Current Ratio

Historical Quick Ratio

Historical Cash Ratio