Quick Ratio Analysis of Chatham Lodging Trust (PFD- A) - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Very Poor Quick Ratio
-1.02
Period Ending - Dec-22
Excellent Quick Ratio
45.45
Growth
-102.24 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.19
Quick Ratio Analysis of Chatham Lodging Trust (PFD- A)
Quick Ratio of Chatham Lodging Trust (PFD- A) with value of -1.02 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Chatham Lodging Trust (PFD- A) with value of 2.19 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of CLDT-PA drastically fell by -102.24 % this year. |
Quick Ratio with value of 45.45 was highest in Year Dec-22 in last Five Years. |
Quick Ratio with value of -42.25 was lowest in Year Dec-21 in last Five Years. |
Latest Quick Ratio with value of -1.02 is lower than Average Quick Ratio of 0.597 in last five years. |
Other Quick Ratio Related Info of CLDT-PA that may interest you.
Chatham Lodging Trust (PFD- A) Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CLDT-PA | 20.85 | 21.18 | 1.56 % | REIT-Hotel & Motel |
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
No Significant Stability |
FY - Historical Quick Ratio of Chatham Lodging Trust (PFD- A)
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | -1.02 | 45.45 | -42.25 | 0.548 | 0.255 | 0.288 | 0.360 |
Change | -102.24 % | 207.57 % | -7814.77 % | 114.80 % | -11.50 % | -20.08 % | -27.96 % |
FY Chart of Quick Ratio of Chatham Lodging Trust (PFD- A)
Note : All Data Generated at the End of Trading Hours (EOD Data)