Health Right Discoveries Inc Quick Ratio (HRDV) starting from the third quarter 2020 to third quarter 2019, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Health right Discoveries Inc   (HRDV)

Health Right Discoveries Inc 's Quick Ratio

HRDV's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2020, Quick Ratio fell to 0.18 a new company low.

Within Major Pharmaceutical Preparations industry 483 other companies have achieved higher Quick Ratio than Health Right Discoveries Inc in third quarter 2020. While Quick Ratio total ranking in the third quarter 2020 has deteriorated compared to the prior quarter from 2978 to 3990.

Explain Quick Ratio?
How much Cash & cash equivalents HRDV´s has?
What are HRDV´s Current Liabilities?




HRDV Quick Ratio (Sep 30 2020)
Q3
(Jun 30 2020)
Q2
(Mar 31 2020)
Q1
(Dec 31 2019)
Q4
(Sep 30 2019)
Q3
Y / Y Current Liabilities Change 145.47 % 137.75 % 145.42 % 143.37 % 208.32 %
Y / Y Cash & cash equivalent Change -30.34 % -19.94 % -12.54 % 4.29 % 20.4 %
Quick Ratio MRQ 0.18 0.21 0.22 0.25 0.62
HRDV's Total Ranking # 3990 # 2978 # 3791 # 2907 # 2653
Seq. Current Liabilities Change 2.92 % 3.57 % 3.13 % 123.3 % -0.32 %
Seq. Cash & cash equivalent Change -11.91 % -2.84 % -7.79 % -11.73 % 1.24 %



Quick Ratio third quarter 2020 Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 484
Healthcare Sector # 923
Overall Market # 3990


Quick Ratio Statistics
High Average Low
0.62 0.41 0.18
(Sep 30 2019)   (Sep 30 2020)




Financial Statements
Health Right Discoveries Inc 's Current Liabilities $ 10 Millions Visit HRDV's Balance sheet
Health Right Discoveries Inc 's Cash & cash equivalent $ 2 Millions Visit HRDV's Balance sheet
Source of HRDV's Sales Visit HRDV's Sales by Geography


Cumulative Health Right Discoveries Inc 's Quick Ratio

HRDV's Quick Ratio for the trailling 12 Months

HRDV Quick Ratio

(Sep 30 2020)
12 Months
(Jun 30 2020)
12 Months
(Mar 31 2020)
12 Months
(Dec 31 2019)
12 Months
(Sep 30 2019)
12 Months
Y / Y Current Liabilities TTM Growth 142.95 % 148.82 % 155.05 % 156.01 % 157.25 %
Y / Y Cash & cash equivalent TTM Growth -15.42 % -3 % 6.03 % 17.07 % 26.56 %
Quick Ratio TTM 0.21 0.28 0.35 0.46 0.61
Total Ranking TTM # 4668 # 2579 # 4643 # 2157 # 4604
Seq. Current Liabilities TTM Growth 18.36 % 21.13 % 26.37 % 34.09 % 21.22 %
Seq. Cash & cash equivalent TTM Growth -8.7 % -5.35 % -3.07 % 0.96 % 4.71 %


On the trailing twelve months basis Due to rise in Current Liabilities in the Q3 2020 to $9.98 millions, cumulative Quick Ratio decreased to 0.21 below the Health Right Discoveries Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Major Pharmaceutical Preparations industry 488 other companies have achieved higher Quick Ratio than Health Right Discoveries Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2020 from 2579 to 4668.

Explain Quick Ratio?
How much Cash & cash equivalents HRDV´s has?
What are HRDV´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Major Pharmaceutical Preparations Industry # 489
Healthcare Sector # 939
Within the Market # 4668


trailing twelve months Quick Ratio Statistics
High Average Low
0.6 0.37 0.21
(Sep 30 2019)   (Sep 30 2020)




Companies with similar Quick Ratio in the quarter ending Sep 30 2020, within Major Pharmaceutical Preparations Industry Quick RatioSep 30 2020 MRQ Cash & cash equivalentSep 30 2020 MRQ Current Liabilities
Cv Sciences Inc   0.47 $ 5.563  Millions$ 11.827  Millions
Abbott Laboratories  0.46 $ 4,731.000  Millions$ 10,257.000  Millions
Grifols Sa  0.43 $ 649.205  Millions$ 1,495.355  Millions
Amneal Pharmaceuticals Inc   0.42 $ 283.650  Millions$ 667.886  Millions
Bausch Health Companies Inc   0.42 $ 977.000  Millions$ 2,327.000  Millions
Regenerx Biopharmaceuticals inc   0.40 $ 0.139  Millions$ 0.345  Millions
Morphosys Ag  0.40 $ 122.970  Millions$ 305.965  Millions
The Greater Cannabis Company Inc   0.37 $ 0.179  Millions$ 0.481  Millions
Merck and Co Inc   0.36 $ 7,356.000  Millions$ 20,405.000  Millions
Redhill Biopharma Ltd   0.36 $ 29.295  Millions$ 81.386  Millions
Elanco Animal Health Incorporated  0.35 $ 659.900  Millions$ 1,871.200  Millions
Aridis Pharmaceuticals Inc   0.34 $ 6.212  Millions$ 18.120  Millions
Nexien Biopharma Inc   0.33 $ 0.008  Millions$ 0.025  Millions
Abbvie Inc   0.33 $ 7,950.000  Millions$ 24,181.000  Millions
Intelgenx Technologies Corp   0.33 $ 1.531  Millions$ 4.667  Millions
Novartis Ag  0.30 $ 9,897.000  Millions$ 33,059.000  Millions
Vtv Therapeutics Inc   0.28 $ 2.358  Millions$ 8.296  Millions
Rapid Therapeutic Science Laboratories Inc   0.27 $ 0.266  Millions$ 0.981  Millions
International Stem Cell Corporation  0.27 $ 1.026  Millions$ 3.852  Millions
Assertio Holdings inc   0.26 $ 34.737  Millions$ 131.374  Millions
Avricore Health Inc   0.26 $ 0.237  Millions$ 0.905  Millions
Cytodyn inc   0.24 $ 18.200  Millions$ 76.424  Millions
Ani Pharmaceuticals Inc  0.24 $ 17.900  Millions$ 75.900  Millions
Serina Therapeutics Inc   0.23 $ 1.107  Millions$ 4.854  Millions
Medicure Inc   0.22 $ 2.080  Millions$ 9.430  Millions
Iterum Therapeutics Plc  0.21 $ 8.570  Millions$ 40.792  Millions
Emmaus Life Sciences Inc   0.21 $ 4.949  Millions$ 23.780  Millions
Enveric Biosciences Inc   0.20 $ 2.840  Millions$ 13.993  Millions
Prestige Consumer Healthcare Inc   0.20 $ 26.603  Millions$ 136.120  Millions
Lftd Partners Inc   0.19 $ 0.158  Millions$ 0.815  Millions

Date modified: 2026-09-08T15:10:06+00:00



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