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Pulsion Medical Systems SE (LTS:0NFX) Quick Ratio : 1.24 (As of Dec. 2022)


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What is Pulsion Medical Systems SE Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Pulsion Medical Systems SE's quick ratio for the quarter that ended in Dec. 2022 was 1.24.

Pulsion Medical Systems SE has a quick ratio of 1.24. It generally indicates good short-term financial strength.

The historical rank and industry rank for Pulsion Medical Systems SE's Quick Ratio or its related term are showing as below:

LTS:0NFX' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.34   Max: 3.22
Current: 1.24

During the past 13 years, Pulsion Medical Systems SE's highest Quick Ratio was 3.22. The lowest was 0.24. And the median was 1.34.

LTS:0NFX's Quick Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.02 vs LTS:0NFX: 1.24

Pulsion Medical Systems SE Quick Ratio Historical Data

The historical data trend for Pulsion Medical Systems SE's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pulsion Medical Systems SE Quick Ratio Chart

Pulsion Medical Systems SE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.24 0.54 1.06 1.24

Pulsion Medical Systems SE Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.24 0.54 1.06 1.24

Competitive Comparison of Pulsion Medical Systems SE's Quick Ratio

For the Medical Devices subindustry, Pulsion Medical Systems SE's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pulsion Medical Systems SE's Quick Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Pulsion Medical Systems SE's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Pulsion Medical Systems SE's Quick Ratio falls into.



Pulsion Medical Systems SE Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Pulsion Medical Systems SE's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(16.244-5.816)/8.434
=1.24

Pulsion Medical Systems SE's Quick Ratio for the quarter that ended in Dec. 2022 is calculated as

Quick Ratio (Q: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(16.244-5.816)/8.434
=1.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pulsion Medical Systems SE  (LTS:0NFX) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Pulsion Medical Systems SE Quick Ratio Related Terms

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Pulsion Medical Systems SE (LTS:0NFX) Business Description

Traded in Other Exchanges
N/A
Address
Hans-Riedl-Street 17, Feldkirchen, DEU, 85622
Pulsion Medical Systems SE operates with its business units hemodynamic monitoring which is engaged in developing, manufacturing, and sale of systems used to monitor, diagnose, and manage physical parameters of patients in intensive care unit, and perfusion imaging which is engaged in developing, manufacturing, and sale of indocyanine green and complementary devices to visualize micro perfusion. The technology developed by the company for critical care are picco, proaqt, limon technology, and eirus technology.

Pulsion Medical Systems SE (LTS:0NFX) Headlines

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