Quick Ratio Analysis of Canon Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-22
Not Good Quick Ratio
0.987
Period Ending - Dec-21
Indecisive Quick Ratio
1.16
Growth
-14.72 %
Most recent Quarter Quick Ratio
Period Ending - Mar-23
Not Good Quick Ratio
0.937
Quick Ratio Analysis of Canon Inc.
| Quick Ratio of Canon Inc. with value of 0.937 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-23. |
| Quick Ratio of CAJ has fallen by -14.72 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.40 was highest in Year Dec-18 in last Five Years. |
| Quick Ratio with value of 0.925 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.987 is lower than Average Quick Ratio of 1.16 in last five years. |
Other Quick Ratio Related Info of CAJ that may interest you.
Canon Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CAJ | 21.9 | 21.87 | 0.137 % | Computer Hardware |
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 Canon Inc.
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.987 | 1.16 | 0.925 | 1.31 | 1.40 | 1.50 | 1.57 |
| Change | -14.72 % | 25.16 % | -29.58 % | -6.04 % | -6.75 % | -4.25 % | -17.96 % |
FY Chart of Quick Ratio of Canon Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)