Quick Ratio Analysis of Archer-Daniels-Midland Co. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.954
Period Ending - Dec-22
Very Poor Quick Ratio
-4.19
Growth
122.78 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.880
Quick Ratio Analysis of Archer-Daniels-Midland Co.
| Quick Ratio of Archer-Daniels-Midland Co. with value of 0.880 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ADM rose handsomely by 122.78 % this year. |
| Quick Ratio with value of 0.954 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of -4.19 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 0.954 is Greater than Average Quick Ratio of -0.139 in last five years. |
Other Quick Ratio Related Info of ADM that may interest you.
Archer-Daniels-Midland Co. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ADM | 62.44 | 60.14 | 3.82 % | Farm Products |
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
| Mild Stability | |
FY - Historical Quick Ratio of Archer-Daniels-Midland Co.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.954 | -4.19 | 0.794 | 0.857 | 0.887 | 1.000 | 0.855 |
| Change | 122.78 % | -627.53 % | -7.29 % | -3.40 % | -11.33 % | 16.90 % | -7.75 % |
FY Chart of Quick Ratio of Archer-Daniels-Midland Co.
Note : All Data Generated at the End of Trading Hours (EOD Data)