Quick Ratio Analysis of Best Buy Co Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Jan-24
Poor Quick Ratio
0.372
Period Ending - Jan-23
Poor Quick Ratio
0.408
Growth
-8.89 %
Most recent Quarter Quick Ratio
Period Ending - Jan-24
Poor Quick Ratio
0.372
Quick Ratio Analysis of Best Buy Co Inc
| Quick Ratio of Best Buy Co Inc with value of 0.372 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Best Buy Co Inc with value of 0.372 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jan-24. |
| Quick Ratio of BBY has fallen by -8.89 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.658 was highest in Year Jan-21 in last Five Years. |
| Quick Ratio of BBY trending down for at least three Years. |
| Latest Quick Ratio with value of 0.372 is lower than Average Quick Ratio of 0.465 in last five years. |
Other Quick Ratio Related Info of BBY that may interest you.
Best Buy Co Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BBY | 84.82 | 81.55 | 4.01 % | 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 Best Buy Co Inc
| Period | Jan-24 | Jan-23 | Jan-22 | Jan-21 | Jan-20 | Jan-19 | Jan-18 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.372 | 0.408 | 0.429 | 0.658 | 0.457 | 0.461 | 0.591 |
| Change | -8.89 % | -4.83 % | -34.92 % | 44.11 % | -0.808 % | -22.06 % | -25.53 % |
FY Chart of Quick Ratio of Best Buy Co Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)