GLGI's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Greystone Logistics Inc 's Cash & cash equivalent grew by
25.91 % in the Q2 2024 sequentially, faster than Current Liabilities, this led to improvement in Greystone Logistics Inc 's Quick Ratio to 0.74, above Greystone Logistics Inc average Quick Ratio.
Within
Industrial Machinery and Components industry 4 other companies have achieved higher Quick Ratio than Greystone Logistics Inc in second quarter 2024. While Quick Ratio total ranking has improved so far during the Q2 2024 to
34, from total ranking in the first quarter 2024 at
49.
Explain Quick Ratio?
How much Cash & cash equivalents GLGI´s has?
What are GLGI´s Current Liabilities?
On the trailing twelve months basis GLGI Cash & cash equivalent increased by
16.92 % in Q2 2024 year on year, faster than Current Liabilities, this led to increase in in Greystone Logistics Inc 's Quick Ratio to
0.68, above GLGI average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within
Industrial Machinery and Components industry 3 other companies have achieved higher Quick Ratio than Greystone Logistics Inc . While Quick Ratio overall ranking has improved so far to
80, from total ranking during the twelve months ending first quarter 2024 at
95.
Explain Quick Ratio?
How much Cash & cash equivalents GLGI´s has?
What are GLGI´s Current Liabilities?