Quick Ratio Analysis of ANSYS Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.30
Period Ending - Dec-22
Very Good Quick Ratio
3.44
Growth
-33.09 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.80
Quick Ratio Analysis of ANSYS Inc
| Quick Ratio of ANSYS Inc with value of 2.30 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of ANSYS Inc with value of 2.80 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ANSS drastically fell by -33.09 % this year. |
| Quick Ratio with value of 3.44 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 2.17 was lowest in Year Dec-21 in last Five Years. |
| Latest Quick Ratio with value of 2.30 is lower than Average Quick Ratio of 2.52 in last five years. |
Other Quick Ratio Related Info of ANSS that may interest you.
ANSYS Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ANSS | 317.45 | 319.91 | 0.769 % | Software-Application |
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 ANSYS Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 2.30 | 3.44 | 2.17 | 2.42 | 2.24 | 2.57 | 2.13 |
| Change | -33.09 % | 58.58 % | -10.25 % | 8.16 % | -12.79 % | 20.36 % |
FY Chart of Quick Ratio of ANSYS Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)