Quick Ratio Analysis of Cincinnati Financial Corp. - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.62
Period Ending - Dec-22
Excellent Quick Ratio
33.57
Growth
-92.21 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.685
Quick Ratio Analysis of Cincinnati Financial Corp.
Quick Ratio of Cincinnati Financial Corp. with value of 2.62 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Cincinnati Financial Corp. with value of 0.685 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of CINF drastically fell by -92.21 % this year. |
Quick Ratio with value of 83.31 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 0.270 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 2.62 is lower than Average Quick Ratio of 28.54 in last five years. |
Other Quick Ratio Related Info of CINF that may interest you.
Cincinnati Financial Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CINF | 117.58 | 116.2 | 1.19 % | Insurance-Property & Casualty |
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 Cincinnati Financial Corp.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 2.62 | 33.57 | 22.91 | 83.31 | 0.270 | 0 | 0 |
Change | -92.21 % | 46.57 % | -72.51 % | 30789.28 % |
FY Chart of Quick Ratio of Cincinnati Financial Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)