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Zimmer Biomet Holdings Inc   (ZBH)
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Zimmer Biomet Holdings Inc 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Quick Ratio deteriorated to 0.14 below Zimmer Biomet Holdings Inc 's average Quick Ratio.

Within Medical Equipment & Supplies industry 183 other companies have achieved higher Quick Ratio than Zimmer Biomet Holdings Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1096 to 3394.

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


ZBH Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -9.77 % -9.33 % -12.65 % -32 % -21.89 %
Y / Y Cash & cash equivalent Change -46.44 % -17.24 % -24.23 % -21.48 % -40.69 %
Quick Ratio MRQ 0.14 0.14 0.14 0.16 0.24
ZBH's Total Ranking # 3394 # 1096 # 2965 # 1219 # 3367
Seq. Current Liabilities Change -7.26 % -4.38 % -0.95 % 2.72 % -6.82 %
Seq. Cash & cash equivalent Change -8.66 % -3.15 % -12.11 % -31.11 % 41.15 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 184
Healthcare Sector # 918
Overall Market # 3394


Quick Ratio Statistics
High Average Low
1.75 0.39 0.11
(Dec 31 2013)   (Jun 30 2019)




Financial Statements
Zimmer Biomet Holdings Inc 's Current Liabilities $ 2,072 Millions Visit ZBH's Balance sheet
Zimmer Biomet Holdings Inc 's Cash & cash equivalent $ 292 Millions Visit ZBH's Balance sheet
Source of ZBH's Sales Visit ZBH's Sales by Geography


Cumulative Zimmer Biomet Holdings Inc 's Quick Ratio

ZBH's Quick Ratio for the trailling 12 Months

ZBH Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -9.77 % -9.33 % -12.65 % -32 % -21.89 %
Y / Y Cash & cash equivalent TTM Growth -46.44 % -17.24 % -24.23 % -21.48 % -40.69 %
Quick Ratio TTM 0.15 0.17 0.17 0.18 0.17
Total Ranking TTM # 3904 # 4047 # 2750 # 3904 # 2126
Seq. Current Liabilities TTM Growth -7.26 % -4.38 % -0.95 % 2.72 % -6.82 %
Seq. Cash & cash equivalent TTM Growth -8.66 % -3.15 % -12.11 % -31.11 % 41.15 %


On the trailing twelve months basis In spite of the year on year decrease in ZBH's Current Liabilities to $2,071.50 millions, cumulative Quick Ratio to 0.15 below the ZBH average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Medical Equipment & Supplies industry 226 other companies have achieved higher Quick Ratio than Zimmer Biomet Holdings Inc . While Quick Ratio overall ranking has improved so far to 3904, from total ranking during the twelve months ending second quarter 2023 at 4047.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 227
Healthcare Sector # 1037
Within the Market # 3904


trailing twelve months Quick Ratio Statistics
High Average Low
0.46 0.26 0.15
(Dec 31 2020)   (Sep 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Medical Equipment & Supplies Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Accuray Incorporated  0.38 $ 77.442  Millions$ 201.449  Millions
Non Invasive Monitoring Systems Inc  0.38 $ 0.146  Millions$ 0.383  Millions
Pro dex Inc   0.35 $ 2.914  Millions$ 8.281  Millions
Neuraxis Inc   0.34 $ 0.761  Millions$ 2.258  Millions
Merit Medical Systems Inc  0.33 $ 58.673  Millions$ 175.445  Millions
Reshape Lifesciences Inc   0.32 $ 1.449  Millions$ 4.469  Millions
Escalon Medical Corp   0.29 $ 0.745  Millions$ 2.605  Millions
Resmed Inc   0.27 $ 209.100  Millions$ 770.802  Millions
Precision Optics Corporation Inc   0.27 $ 1.370  Millions$ 5.127  Millions
Encision Inc   0.26 $ 0.306  Millions$ 1.164  Millions
Bausch and Lomb Corp  0.26 $ 355.000  Millions$ 1,386.000  Millions
Steris Plc  0.25 $ 213.757  Millions$ 839.003  Millions
Dentsply Sirona Inc   0.25 $ 309.000  Millions$ 1,218.000  Millions
Atrion Corporation  0.25 $ 3.839  Millions$ 15.266  Millions
Alcon inc   0.25 $ 1,128.000  Millions$ 4,594.000  Millions
Sep Acquisition Corp   0.23 $ 0.518  Millions$ 2.287  Millions
Becton Dickinson And Company  0.22 $ 1,489.000  Millions$ 6,641.000  Millions
Orthofix Medical Inc   0.22 $ 33.663  Millions$ 152.530  Millions
Invo Bioscience Inc   0.22 $ 1.056  Millions$ 4.884  Millions
Masimo Corp  0.21 $ 124.400  Millions$ 578.800  Millions
Carmell Corporation  0.21 $ 7.969  Millions$ 37.710  Millions
Boston Scientific Corporation  0.21 $ 952.000  Millions$ 4,579.000  Millions
P3 Health Partners Inc   0.20 $ 52.562  Millions$ 267.302  Millions
Lifestance Health Group Inc   0.18 $ 42.605  Millions$ 240.874  Millions
Bioventus Inc   0.17 $ 26.827  Millions$ 160.843  Millions
Integer Holdings Corporation  0.17 $ 32.142  Millions$ 193.124  Millions
Sientra Inc   0.15 $ 15.026  Millions$ 98.494  Millions
Guided Therapeutics Inc   0.15 $ 0.731  Millions$ 4.834  Millions
The Cooper Companies Inc   0.14 $ 120.800  Millions$ 845.400  Millions
Zimmer Biomet Holdings Inc   0.14 $ 292.100  Millions$ 2,071.500  Millions

Date modified: 2023-11-08T18:47:34+00:00



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