TC BioPharm (Holdings) PLC (TCBP)
0.6488
-0.27
(-29.57%)
USD |
NASDAQ |
Nov 14, 16:00
0.69
+0.04
(+6.34%)
After-Hours: 07:30
TC BioPharm Quick Ratio (Quarterly)
Quick Ratio (Quarterly) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Quick Ratio (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2021 | -- |
| September 30, 2021 | -- |
| Date | Value |
|---|---|
| December 31, 2020 | -- |
Quick Ratio Definition
The Quick Ratio, also known as the acid-test ratio, is a solvency metric used to determine a firm's ability to pay down current liabilities with its cash, short term equivalents, and accounts receivables. This ratio was nicknamed quick to describe the "quick assets" needed to pay down any current liabilities.