Quick Ratio Analysis of Acres Commercial Realty Corp - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

3.86


Very Good Quick Ratio
Period Ending - Dec-22
0.0138

Poor Quick Ratio
Growth
27939.04 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

1.25


Indecisive Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
ACR12.6912.87 1.40 % REIT-Mortgage
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Quick Ratio of Acres Commercial Realty Corp
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio3.860.01381.2333.041.001.921.45
Change27939.04 %-98.88 %-96.27 %3202.68 %-47.93 %32.72 %-4.99 %
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FY Chart of Quick Ratio of Acres Commercial Realty Corp


Note : All Data Generated at the End of Trading Hours (EOD Data)