Quick Ratio Analysis of AGCO Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.668
Period Ending - Dec-22
Not Good Quick Ratio
0.624
Growth
7.05 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.09
Quick Ratio Analysis of AGCO Corporation
Quick Ratio of AGCO Corporation with value of 1.09 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of AGCO has grown by 7.05 % Compared to previous Financial Year. |
Quick Ratio with value of 0.712 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 0.572 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 0.668 is Greater than Average Quick Ratio of 0.655 in last five years. |
Other Quick Ratio Related Info of AGCO that may interest you.
AGCO Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AGCO | 107.33 | 104.7 | 2.51 % | Farm & Heavy Construction Machinery |
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
Good Stability |
FY - Historical Quick Ratio of AGCO Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.668 | 0.624 | 0.701 | 0.712 | 0.572 | 0.589 | 0.662 |
Change | 7.05 % | -10.98 % | -1.58 % | 24.42 % | -2.81 % | -11.08 % | -13.99 % |
FY Chart of Quick Ratio of AGCO Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)