Quick Ratio Analysis of The Cheesecake Factory - Deep Dive
Latest FY Quick Ratio
Period Ending - Jan-24
Poor Quick Ratio
0.368
Period Ending - Jan-23
Poor Quick Ratio
0.442
Growth
-16.72 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Poor Quick Ratio
0.333
Quick Ratio Analysis of The Cheesecake Factory
Quick Ratio of The Cheesecake Factory with value of 0.368 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of The Cheesecake Factory with value of 0.333 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24. |
Quick Ratio of CAKE has fallen by -16.72 % Compared to previous Financial Year. |
Quick Ratio with value of 0.570 was highest in Year Jan-22 in last Five Years. |
Quick Ratio with value of 0.321 was lowest in Year Jan-20 in last Five Years. |
Latest Quick Ratio with value of 0.368 is lower than Average Quick Ratio of 0.443 in last five years. |
Other Quick Ratio Related Info of CAKE that may interest you.
The Cheesecake Factory Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CAKE | 39.47 | 40.32 | 2.11 % | Restaurants |
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 Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Quick Ratio of The Cheesecake Factory
Period | Jan-24 | Jan-23 | Jan-22 | Jan-21 | Jan-20 | Jan-19 | Jan-18 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.368 | 0.442 | 0.570 | 0.515 | 0.321 | 0.375 | 0.417 |
Change | -16.72 % | -22.48 % | 10.61 % | 60.56 % | -14.48 % | -10.05 % | -15.75 % |
FY Chart of Quick Ratio of The Cheesecake Factory
Note : All Data Generated at the End of Trading Hours (EOD Data)