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0.98Quick Ratio
VS
Market
Sector
Industry
History
$ 2.58Close
$ 2.12 - $ 4.93 52-Week Range
Ticker Information
Ticker
NXGLCompany Name
NEXGEL INCSector
HealthcareIndustry
Medical Instruments & SuppliesExchange
NASDAQNEXGEL INC - Quick Ratio Chart Analysis (TTM)
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NXGL - Quick Ratio Historical data
| Date | Current Assets | Inventory | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 6/30/2025 | $ 4.16M | $ 1.82M | $ 2.4M | 0.98 |
| 3/31/2025 | $ 4.74M | $ 1.85M | $ 2.52M | 1.15 |
| 12/31/2024 | $ 5.11M | $ 1.75M | $ 2.47M | 1.36 |
| 9/30/2024 | $ 4.61M | $ 1.78M | $ 3.05M | 0.93 |
| 6/30/2024 | $ 3.59M | $ 1.45M | $ 2.63M | 0.81 |
| 3/31/2024 | $ 4.86M | $ 1.37M | $ 2.48M | 1.41 |
| 12/31/2023 | $ 5.05M | $ 1.32M | $ 2.55M | 1.46 |
| 9/30/2023 | $ 5.88M | $ 1.09M | $ 1.64M | 2.92 |
| 6/30/2023 | $ 6.7M | $ 1.08M | $ 1.67M | 3.36 |
| 3/31/2023 | $ 7.28M | $ 968K | $ 1.52M | 4.15 |
Key Performance Insights, Last 5 Years
- NEXGEL INC's latest trailing twelve months (TTM) Quick Ratio stands at 0.32.
- Over the past 5 years, NEXGEL INC's average Quick Ratio has been 2.54.
- The median Quick Ratio for NEXGEL INC during this period was 1.38
- NEXGEL INC reached its highest Quick Ratio over the past 5 years at 8.15.
- The lowest Quick Ratio recorded by NEXGEL INC in the same timeframe 0.1
NEXGEL INC's Quick Ratio vs. competitors
We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue
Quick Ratio Benchmarks
Similar metrics to Quick Ratio:
- Working Capital - [Calculation] The working capital represents the capital used in day-to-day operations. It is the difference between a company’s short-term assets [AssetsC] and current liabilities [LiabilitiesC].
- Current Ratio - [Calculation] The current ratio is a liquidity indicator that describes the company’s ability to pay short-term obligations due within one year. Calculated by dividing current assets [AssetsC] by current liabilities [LiabilitiesC].
- Cash Ratio - [Calculation] The Cash Ratio is a liquidity indicator that describes a company's ability to meet short-term obligations with cash and cash equivalents. Calculated by dividing cash and cash equivalents [CashnEq] by current liabilities [LiabilitiesC].
- Inventory to Assets Ratio - [Calculation] [Inventory] as percentage of total [Assets], serves as an efficiency ratio - the lower the better.
- Current Liabilities - [Balance Sheet] The current (short-term) portion of [Liabilities] includes obligations that are due to be paid to creditors within one year, reported if the company operates a classified balance sheet that segments current and non-current [Liabilities]
Definition of Quick Ratio
[Calculation] The quick ratio is a liquidity indicator that describes the company’s ability to pay short-term obligations without the need to sell its inventory or receive additional financing. Calculated by dividing current assets [AssetsC] minus [Inventory] by current liabilities [LiabilitiesC].(AssetsC - Inventory) / LiabilitesC
(=) Quick Ratio Quick Ratio for NEXGEL INC is calculated as follows: (AssetsC [ $ 461K ] - Inventory [ $ 157K ]) / LiabilitesC [ $ 939K ]
(=) Quick Ratio [ 0.32 ] NXGL - Quick Ratio, Last 5 years
0.1
Minimum
Dec 31, 2020
8.15
Maximum
Dec 31, 2022
2.54
Average
1.38
Median
Quick Ratio Benchmark AnalysisMarket
The chart above depicts the distribution of Quick Ratio for companies in the Total Stock Market. The average Quick Ratio of the companies is 1.55 with a standard deviation of 1.17.
The following table provides additional summary stats:
Quick Ratio in the Market:
| filtered constituents | 3.12K |
|---|---|
| min | -0.73 |
| max | 5.45 |
| average | 1.55 |
| median | 1.23 |
| std | 1.17 |