Quick Ratio Analysis of ProFrac HLDG Corp. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.619
Period Ending - Dec-22
Not Good Quick Ratio
0.922
Growth
-32.88 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.713
Quick Ratio Analysis of ProFrac HLDG Corp.
| Quick Ratio of ProFrac HLDG Corp. with value of 0.713 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ACDC drastically fell by -32.88 % this year. |
| Quick Ratio with value of 0.922 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0.593 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.619 is lower than Average Quick Ratio of 0.707 in last five years. |
Other Quick Ratio Related Info of ACDC that may interest you.
ProFrac HLDG Corp. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ACDC | 7.68 | 8.23 | 6.68 % | Oil & Gas Equipment & Services |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| No Significant Stability | |
FY - Historical Quick Ratio of ProFrac HLDG Corp.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
|---|---|---|---|---|---|
| Quick Ratio | 0.619 | 0.922 | 0.720 | 0.593 | 0.684 |
| Change | -32.88 % | 27.95 % | 21.60 % | -13.35 % |
FY Chart of Quick Ratio of ProFrac HLDG Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)