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Advent Technologies Holdings Inc (NASDAQ: ADN) |
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Advent Technologies Holdings Inc 's Quick Ratio
ADN's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
In the wake of the increase in Current Liabilities in the third quarter 2024, Quick Ratio fell to 0.01 a new company low.
Within Industrial Machinery and Components industry 93 other companies have achieved higher Quick Ratio than Advent Technologies Holdings Inc in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 3091 to 4054.
Explain Quick Ratio?
How much Cash & cash equivalents ADNīs has?
What are ADNīs Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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ADN Quick Ratio |
(Sep 30 2024) Q3 |
(Jun 30 2024) Q2 |
(Dec 31 2023) Q4 |
(Sep 30 2023) Q3 |
(Jun 30 2023) Q2 |
Y / Y Current Liabilities Change |
87.94 % |
5.86 % |
-12.83 % |
7.73 % |
5.92 % |
Y / Y Cash & cash equivalent Change |
-98.09 % |
-96.51 % |
-89.16 % |
-91.37 % |
-78.4 % |
Quick Ratio MRQ |
0.01 |
0.04 |
0.3 |
0.29 |
0.75 |
ADN's Total
Ranking |
# 4054 |
# 3091 |
# 2485 |
# 2645 |
# |
Seq. Current Liabilities Change |
59.35 % |
32.45 % |
-7.04 % |
-4.22 % |
-10.24 % |
Seq. Cash & cash equivalent Change |
-71.85 % |
-80.85 % |
-2.7 % |
-63.58 % |
-48.57 % |
Quick Ratio third quarter 2024 Company Ranking |
Within: |
No. |
Industrial Machinery and Components Industry |
# 94 |
Capital Goods Sector |
# 242 |
Overall Market |
# 4054 |
Quick Ratio Statistics |
High |
Average |
Low |
33.8 |
5.22 |
0.01 |
(Jun 30 2021) |
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(Sep 30 2024) |
Cumulative Advent Technologies Holdings Inc 's Quick Ratio
ADN's Quick Ratio for the trailling 12 Months
ADN Quick Ratio |
(Sep 30 2024) 12 Months |
(Jun 30 2024) 12 Months |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 12 Months |
(Jun 30 2023) 12 Months |
Y / Y Current Liabilities TTM Growth |
21.92 % |
1.48 % |
2.3 % |
-1.68 % |
-7.31 % |
Y / Y Cash & cash equivalent TTM Growth |
-92.28 % |
-87.3 % |
-79.67 % |
-71 % |
-62.27 % |
Quick Ratio TTM |
0.12 |
0.33 |
0.69 |
1.21 |
1.95 |
Total Ranking TTM |
# 3483
| # 3447
| # 3367
| # 2518
| #
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Seq. Current Liabilities TTM Growth |
21.83 % |
1.65 % |
-3.2 % |
1.71 % |
1.41 % |
Seq. Cash & cash equivalent TTM Growth |
-54.91 % |
-51.23 % |
-44.32 % |
-36.97 % |
-25.8 % |
On the trailing twelve months basis Due to jump in Current Liabilities in the Q3 2024 to $25.14 millions, cumulative Quick Ratio decreased to 0.12 below the Advent Technologies Holdings Inc average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Industrial Machinery and Components industry 103 other companies have achieved higher Quick Ratio than Advent Technologies Holdings Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 3447 to 3483.
Explain Quick Ratio?
How much Cash & cash equivalents ADNīs has?
What are ADNīs Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Industrial Machinery and Components Industry |
# 104 |
Capital Goods Sector |
# 245 |
Within the Market |
# 3483 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
16.94 |
4.39 |
0.01 |
(Jun 30 2021) |
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(Sep 30 2020) |
Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Industrial Machinery and Components Industry | Quick Ratio | Sep 30 2024 MRQ Cash & cash equivalent | Sep 30 2024 MRQ Current Liabilities | Flux Power Holdings Inc | 0.02 | $ 0.559 Millions | $ 30.534 Millions | Nuburu Inc | 0.01 | $ 0.232 Millions | $ 15.673 Millions | Advent Technologies Holdings Inc | 0.01 | $ 0.192 Millions | $ 25.144 Millions |
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Date modified: 2025-01-01T19:31:26+00:00
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