Quick Ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.498
Period Ending - Dec-22
Not Good Quick Ratio
0.567
Growth
-12.12 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.786
Quick Ratio Analysis of Algonquin Power Utilities Corp
| Quick Ratio of Algonquin Power Utilities Corp with value of 0.498 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Algonquin Power Utilities Corp with value of 0.786 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of AQNB has fallen by -12.12 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.587 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.498 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of 0.498 is lower than Average Quick Ratio of 0.546 in last five years. |
Other Quick Ratio Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AQNB | 25.11 | 25.07 | 0.160 % | Multiline Utilities |
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 Algonquin Power Utilities Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.498 | 0.567 | 0.558 | 0.587 | 0.519 | 0.880 | 0.804 |
| Change | -12.12 % | 1.63 % | -4.96 % | 12.98 % | -40.98 % | 9.49 % | -3.39 % |
FY Chart of Quick Ratio of Algonquin Power Utilities Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)