Quick Ratio Analysis of AutoZone Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Aug-23
Poor Quick Ratio
0.119
Period Ending - Aug-22
Poor Quick Ratio
0.115
Growth
3.48 %
Most recent Quarter Quick Ratio
Period Ending - Feb-24
Poor Quick Ratio
0.135
Quick Ratio Analysis of AutoZone Inc
| Quick Ratio of AutoZone Inc with value of 0.119 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of AutoZone Inc with value of 0.135 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Feb-24. |
| Quick Ratio of AZO has grown by 3.48 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.372 was highest in Year Aug-20 in last Five Years. |
| Quick Ratio with value of 0.115 was lowest in Year Aug-22 in last Five Years. |
| Latest Quick Ratio with value of 0.119 is lower than Average Quick Ratio of 0.195 in last five years. |
Other Quick Ratio Related Info of AZO that may interest you.
AutoZone Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AZO | 2769.94 | 2772.56 | 0.094 % | Specialty Retail |
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
| Low Stability Stock | |
FY - Historical Quick Ratio of AutoZone Inc
| Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.119 | 0.115 | 0.241 | 0.372 | 0.129 | 0.138 | 0.153 |
| Change | 3.48 % | -52.15 % | -35.27 % | 189.14 % | -6.48 % | -10.02 % | 18.08 % |
FY Chart of Quick Ratio of AutoZone Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)