Wave Sync Quick Ratio (WAYS) starting from the first quarter 2022 to first quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Wave Sync Corp.  (WAYS)

Wave Sync's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the first quarter 2022, Quick Ratio deteriorated to 0.33 below Wave Sync's average Quick Ratio.

Within Chemical Manufacturing industry 48 other companies have achieved higher Quick Ratio than Wave Sync in first quarter 2022. While Quick Ratio total ranking in the first quarter 2022 has deteriorated compared to the prior quarter from 2447 to 4100.

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




WAYS Quick Ratio (Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
(Jun 30 2021)
Q2
(Mar 31 2021)
Q1
Y / Y Current Liabilities Change 2945.22 % 3620.56 % 71.14 % 93.55 % 133.15 %
Y / Y Cash & cash equivalent Change 28380.92 % 99233533.33 % 56355300 % 2562833.33 % 19920 %
Quick Ratio MRQ 0.33 1.11 23.06 0.97 0.03
WAYS's Total Ranking # 4100 # 2447 # 237 # 5493 # 5493
Seq. Current Liabilities Change -2.25 % 3546.66 % -7.22 % -7.93 % 19.43 %
Seq. Cash & cash equivalent Change -71.27 % 76.09 % 2098.86 % 2460.37 % 100000 %



Quick Ratio first quarter 2022 Company Ranking
Within: No.
Chemical Manufacturing Industry # 49
Basic Materials Sector # 199
Overall Market # 4100


Quick Ratio Statistics
High Average Low
23.06 1.31 0
(Sep 30 2021)   (Dec 31 2020)




Financial Statements
Wave Sync's Current Liabilities $ 3 Millions Visit WAYS's Balance sheet
Wave Sync's Cash & cash equivalent $ 1 Millions Visit WAYS's Balance sheet
Source of WAYS's Sales Visit WAYS's Sales by Geography


Cumulative Wave Sync's Quick Ratio

WAYS's Quick Ratio for the trailling 12 Months

WAYS Quick Ratio

(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
(Mar 31 2021)
12 Months
Y / Y Current Liabilities TTM Growth 2153.76 % 1413.9 % 102.77 % 145.25 % 219 %
Y / Y Cash & cash equivalent TTM Growth 185817.7 % 19781408.33 % 4785186.49 % 159694 % 3573.17 %
Quick Ratio TTM 1.03 1.63 5.71 0.29 0.01
Total Ranking TTM # 2290 # 1796 # 525 # 3221 # 4728
Seq. Current Liabilities TTM Growth 86.81 % 839.23 % 10.9 % 15.82 % 25.48 %
Seq. Cash & cash equivalent TTM Growth 17.95 % 168.14 % 2116.05 % 2552.62 % 12450 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the Q1 2022 to $2.61 millions, cumulative Quick Ratio decreased to 1.03 above the WAYS average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Chemical Manufacturing industry 90 other companies have achieved higher Quick Ratio than Wave Sync. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2021 from 5423 to 5841.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 91
Basic Materials Sector # 323
Within the Market # 4100


trailing twelve months Quick Ratio Statistics
High Average Low
5.71 0.51 0
(Sep 30 2021)   (Dec 31 2020)




Companies with similar Quick Ratio in the quarter ending Mar 31 2022, within Chemical Manufacturing Industry Quick RatioMar 31 2022 MRQ Cash & cash equivalentMar 31 2022 MRQ Current Liabilities
Biolargo Inc   0.78 $ 0.974  Millions$ 1.244  Millions
The Chemours Company  0.65 $ 1,145.000  Millions$ 1,775.000  Millions
Minerals Technologies Inc   0.64 $ 293.100  Millions$ 455.100  Millions
Cn Energy Group Inc   0.59 $ 18.047  Millions$ 30.461  Millions
Livent Corporation  0.57 $ 68.500  Millions$ 119.200  Millions
Northern Technologies International Corporation  0.56 $ 7.492  Millions$ 13.271  Millions
Element Solutions Inc  0.55 $ 218.800  Millions$ 399.700  Millions
Balchem Corp  0.52 $ 64.466  Millions$ 123.529  Millions
Wd 40 Company  0.52 $ 43.322  Millions$ 83.389  Millions
Flotek Industries Inc  0.51 $ 24.875  Millions$ 48.942  Millions
Flexible Solutions International Inc   0.46 $ 6.397  Millions$ 13.898  Millions
Kraig Biocraft Laboratories Inc   0.46 $ 3.934  Millions$ 8.586  Millions
Alto Ingredients Inc   0.45 $ 36.184  Millions$ 80.181  Millions
Industrial Tech Acquisitions Ii Inc   0.45 $ 0.988  Millions$ 2.202  Millions
Axalta Coating Systems Ltd   0.44 $ 586.800  Millions$ 1,345.000  Millions
Ingevity Corporation  0.42 $ 222.600  Millions$ 534.500  Millions
Westlake Corporation  0.41 $ 1,055.000  Millions$ 2,550.000  Millions
Global Clean Energy Holdings Inc   0.40 $ 29.012  Millions$ 72.051  Millions
Huntsman Corporation  0.39 $ 807.000  Millions$ 2,068.000  Millions
Linde Plc  0.39 $ 4,464.000  Millions$ 11,471.000  Millions
South 8 Energy Llc  0.39 $ 10.186  Millions$ 26.424  Millions
Quaker Chemical Corporation  0.36 $ 161.552  Millions$ 452.549  Millions
Wave Sync Corp.  0.33 $ 0.855  Millions$ 2.613  Millions
Innospec Inc   0.30 $ 105.600  Millions$ 352.300  Millions
Tronox Holdings Plc  0.28 $ 296.000  Millions$ 1,059.000  Millions
Nano Magic Inc   0.28 $ 0.314  Millions$ 1.135  Millions
Braskem Sa  0.25 $ 7,243.813  Millions$ 29,220.110  Millions
Luxfer Holdings Plc  0.24 $ 17.200  Millions$ 71.000  Millions
Lyondellbasell Industries N v   0.24 $ 1,785.000  Millions$ 7,539.000  Millions
Corteva Inc   0.24 $ 2,321.000  Millions$ 9,822.000  Millions

Date modified: 2026-09-12T06:20:27+00:00



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