Sincerity Applied Materials Holdings Quick Ratio (SBID) starting from the second quarter 2022 to second quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Sincerity Applied Materials Holdings Corp   (SBID)

Sincerity Applied Materials Holdings 's Quick Ratio

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


Sincerity Applied Materials Holdings 's Cash & cash equivalent grew by 368.85 % in the Q2 2022 sequentially, faster than Current Liabilities, this led to improvement in Sincerity Applied Materials Holdings 's Quick Ratio to 0.02, Quick Ratio remained below Sincerity Applied Materials Holdings Corp average.

Within Chemical Manufacturing industry 84 other companies have achieved higher Quick Ratio than Sincerity Applied Materials Holdings in second quarter 2022. While Quick Ratio total ranking has improved so far during the Q2 2022 to 5158, from total ranking in the first quarter 2022 at 5250.

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




SBID Quick Ratio (Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
(Jun 30 2021)
Q2
Y / Y Current Liabilities Change 18.45 % 10.18 % 5.35 % -12.63 % -12.27 %
Y / Y Cash & cash equivalent Change 533.2 % -47.87 % -74.31 % 25.7 % -89.05 %
Quick Ratio MRQ 0.02 0 0 0.01 0
SBID's Total Ranking # 5158 # 5250 # 5350 # 5136 # 5257
Seq. Current Liabilities Change 4.34 % -1.6 % 10.64 % 4.27 % -2.94 %
Seq. Cash & cash equivalent Change 368.85 % 177.25 % -81.05 % 157.08 % -61.4 %



Quick Ratio second quarter 2022 Company Ranking
Within: No.
Chemical Manufacturing Industry # 85
Basic Materials Sector # 370
Overall Market # 5158


Quick Ratio Statistics
High Average Low
4.91 0.45 0
(Aug 31 2011)   (Sep 30 2019)




Financial Statements
Sincerity Applied Materials Holdings 's Current Liabilities $ 1 Millions Visit SBID's Balance sheet
Sincerity Applied Materials Holdings 's Cash & cash equivalent $ 0 Millions Visit SBID's Balance sheet
Source of SBID's Sales Visit SBID's Sales by Geography


Cumulative Sincerity Applied Materials Holdings 's Quick Ratio

SBID's Quick Ratio for the trailling 12 Months

SBID Quick Ratio

(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth 4.57 % -2.85 % -3.34 % -0.14 % -74.1 %
Y / Y Cash & cash equivalent TTM Growth 42.6 % -65.47 % -57.55 % -66.51 % -70.54 %
Quick Ratio TTM 0.01 0 0.01 0.01 0.01
Total Ranking TTM # 5256 # 5013 # 5018 # 4396 # 4466
Seq. Current Liabilities TTM Growth 4.26 % 2.48 % 1.4 % -3.49 % -3.14 %
Seq. Cash & cash equivalent TTM Growth 98.59 % -18.65 % -17.49 % 6.98 % -51.91 %


On the trailing twelve months basis SBID Cash & cash equivalent more than doubled by 533.2 % in Q2 2022 year on year, faster than Current Liabilities, this led to