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