FMHS's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Farmhouse Inc 's Cash & cash equivalent grew by
1197.08 % in the Q3 2024 sequentially, faster than Current Liabilities, this led to improvement in Farmhouse Inc 's Quick Ratio to 0.01, Quick Ratio remained below Farmhouse Inc average.
Within
Internet Services & Social Media industry 69 other companies have achieved higher Quick Ratio than Farmhouse Inc in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from
3545 to
4789.
Explain Quick Ratio?
How much Cash & cash equivalents FMHS´s has?
What are FMHS´s Current Liabilities?