0 results available. Select is focused ,type to refine list, press Down to open the menu,
No data available
No data available
No data available
A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for CONMED is calculated as follows:
(Cash & ST Investments [ 24.459 M ]
(+) Accounts Receivable [ 237.7 M ]
(/) Current Liabilities [ 278.1 M ]
(=) Quick Ratio [ 0.9x ]
The tables below summarizes the trend in CONMED’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-12-31 | 27.356 M | 177.2 M | 190.2 M | 1.1x |
| 2021-12-31 | 20.847 M | 183.9 M | 196.6 M | 1.0x |
| 2022-12-31 | 28.942 M | 191.3 M | 296.6 M | 0.7x |
| 2023-12-31 | 24.296 M | 242.3 M | 310.7 M | 0.9x |
| 2024-12-31 | 24.459 M | 237.7 M | 278.1 M | 0.9x |
The tables below summarizes the trend in CONMED’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-03-31 | 33.855 M | 241.5 M | 291.4 M | 0.9x |
| 2024-06-30 | 28.869 M | 239.2 M | 266.4 M | 1.0x |
| 2024-09-30 | 38.467 M | 231.2 M | 282.3 M | 1.0x |
| 2024-12-31 | 24.459 M | 237.7 M | 278.1 M | 0.9x |
Read more on Wikipedia: Quick Ratio
No data available