Advanced Health Limited

Advanced Health Limited Quick Ratio

Delisted

The Quick Ratio (Acid Test) of Advanced Health Limited (AVL.JO) as of Oct 17, 2026 is 1.11. In the previous year, Quick Ratio (Acid Test) was 1.08 — a change of 2.90% (higher).

Quick Ratio

1.11

YoY

2.90%

Last updated:

Quick Ratio (Acid Test) of Advanced Health Limited is 2022 1.11 . Quick Ratio (Acid Test) of Advanced Health Limited was 2021 1.08 . It decreases by 2.90% higher compared to the previous year.

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Advanced Health Limited Stock analysis

What does Advanced Health Limited do? Advanced Health Limited is a healthcare company based in Pretoria, South Africa, listed on the Johannesburg Stock Exchange under the ticker AVL.JO. The company went public via an IPO on April 25, 2014. Advanced Health provides short-procedure surgical facilities and services through day hospitals operating in South Africa and Australia. Its services include a range of surgical specialties such as plastic surgery, general surgery, orthopedics, dermatology, gynecology, urology, ear, nose, and throat procedures, maxillofacial surgery, and dental care. The company operates through two primary segments: South Africa and Australia. In South Africa, Advanced Health has two subsidiaries: Presmed Australia (Pty) Ltd (PMA) and Advanced South Africa Proprietary Limited (AHSA). PMA owns four day hospitals in Australia and holds a stake in a fifth day hospital. AHSA owns day hospitals located in Durbanville, eMalahleni, Groenkloof (Pretoria), East Rand, Knysna, Roodepoort, Panorama, Worcester, and Simon’s Town. The company’s operations focus on establishing, investing in, and managing day hospitals across both countries, delivering specialized surgical care for short procedures without requiring overnight stays. Advanced Health’s website is https://advancedhealth.co.za/. Advanced Health Limited is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Advanced Health Limited stock

Quick Ratio (Acid Test) of Advanced Health Limited is 1.11 in 2022.

Quick Ratio (Acid Test) of Advanced Health Limited changed from 1.08 to 1.11, representing a 2.90% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Advanced Health Limited since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Advanced Health Limited with sector peers and the industry average to assess whether it is attractive.

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