American Bio Medica Quick Ratio (ABMC) starting from the first quarter 2023 to first quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
ABMC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
American Bio Medica's Cash & cash equivalent grew by 100 % in the Q1 2023 sequentially, while Current Liabilities decreased, this led to improvement in American Bio Medica's Quick Ratio to 0.06, Quick Ratio remained below American Bio Medica Corporation average.
Within Major Pharmaceutical Preparations industry 604 other companies have achieved higher Quick Ratio than American Bio Medica in first quarter 2023. While Quick Ratio total ranking has improved so far during the Q1 2023 to 5028, from total ranking in the fourth quarter 2022 at 5662.
On the trailing twelve months basis ABMC Cash & cash equivalent more than doubled by 300 % in Q1 2023 year on year, while Current Liabilities dropped to $1 millions, this led to