Quick Ratio Analysis of Crossamerica Partners LP - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.349
Period Ending - Dec-22
Poor Quick Ratio
0.406
Growth
-14.02 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.408
Quick Ratio Analysis of Crossamerica Partners LP
| Quick Ratio of Crossamerica Partners LP with value of 0.349 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Crossamerica Partners LP with value of 0.408 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of CAPL has fallen by -14.02 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.508 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of 0.349 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of 0.349 is lower than Average Quick Ratio of 0.396 in last five years. |
Other Quick Ratio Related Info of CAPL that may interest you.
Crossamerica Partners LP Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CAPL | 20.21 | 19.99 | 1.10 % | Oil & Gas Refining & Marketing |
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
| Poor Stability Stock | |
FY - Historical Quick Ratio of Crossamerica Partners LP
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.349 | 0.406 | 0.367 | 0.351 | 0.508 | 0.416 | 0.699 |
| Change | -14.02 % | 10.39 % | 4.70 % | -30.98 % | 22.26 % | -40.55 % | 0.598 % |
FY Chart of Quick Ratio of Crossamerica Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)