Quick Ratio Analysis of Acres Commercial Realty Corp - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Good Quick Ratio
3.86
Period Ending - Dec-22
Poor Quick Ratio
0.0138
Growth
27939.04 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.25
Quick Ratio Analysis of Acres Commercial Realty Corp
Quick Ratio of Acres Commercial Realty Corp with value of 3.86 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Acres Commercial Realty Corp with value of 1.25 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of ACR rose handsomely by 27939.04 % this year. |
Quick Ratio with value of 33.04 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 0.0138 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of 3.86 is lower than Average Quick Ratio of 7.83 in last five years. |
Other Quick Ratio Related Info of ACR that may interest you.
Acres Commercial Realty Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ACR | 12.69 | 12.87 | 1.40 % | REIT-Mortgage |
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
Poor Stability Stock |
FY - Historical Quick Ratio of Acres Commercial Realty Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 3.86 | 0.0138 | 1.23 | 33.04 | 1.00 | 1.92 | 1.45 |
Change | 27939.04 % | -98.88 % | -96.27 % | 3202.68 % | -47.93 % | 32.72 % | -4.99 % |
FY Chart of Quick Ratio of Acres Commercial Realty Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)