WellBiotec Co

WellBiotec Co Quick Ratio

Delisted

The Quick Ratio (Acid Test) of WellBiotec Co (010600.KS) as of Oct 27, 2026 is 2.23. In the previous year, Quick Ratio (Acid Test) was 1.80 — a change of 23.95% (higher).

Quick Ratio

2.23

YoY

23.95%

Last updated:

Quick Ratio (Acid Test) of WellBiotec Co is 2024 2.23 . Quick Ratio (Acid Test) of WellBiotec Co was 2023 1.80 . It decreases by 23.95% higher compared to the previous year.

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WellBiotec Co Stock analysis

What does WellBiotec Co do? WellBiotec Co Ltd manufactures and sells leather products including nappa, naked, soft, water proof, gore-tex, nubuck, white, washable, chrome, non-chrome, and grain leathers for various applications such as handbags, shoes, car seats, steering wheels, baseball gloves, and belts. The company supplies its leather products to brands like Coach, Tumi, Juicy, Vicotornox, Brighton, Timberland, Foot Joy, Stride Rite, Honda, Acura, Suzuki, and Toyota through direct sales to these established companies. WellBiotec also operates an integrated transportation business and engages in wholesale and retail of electrical equipment via its subsidiaries, diversifying its revenue streams beyond leather manufacturing. Its product portfolio targets segments requiring high-quality leather for fashion, automotive, and sports equipment applications. The leather products division generates revenue primarily from B2B sales to major fashion brands and automotive manufacturers, with Coach, Tumi, and Timberland representing key clients in the fashion sector. Honda, Acura, Suzuki, and Toyota are significant automotive clients, purchasing chrome and non-chrome leathers for car seats and steering wheels. The integrated transportation and electrical equipment businesses contribute to the company’s overall revenue, though leather sales remain the core focus. WellBiotec’s product range caters to specific industry needs, ensuring consistent demand from its named clients across multiple sectors. WellBiotec Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about WellBiotec Co stock

Quick Ratio (Acid Test) of WellBiotec Co is 2.23 in 2024.

Quick Ratio (Acid Test) of WellBiotec Co changed from 1.80 to 2.23, representing a 23.95% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) WellBiotec Co 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 WellBiotec Co with sector peers and the industry average to assess whether it is attractive.

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