Quick Ratio Analysis of CMS Energy Corp. 5. 6% NT - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.742
Period Ending - Dec-22
Indecisive Quick Ratio
1.06
Growth
-29.72 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.09
Quick Ratio Analysis of CMS Energy Corp. 5. 6% NT
Quick Ratio of CMS Energy Corp. 5. 6% NT with value of 1.09 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of CMSA drastically fell by -29.72 % this year. |
Quick Ratio with value of 1.06 was highest in Year Dec-22 in last Five Years. |
Quick Ratio with value of -364.64 was lowest in Year Dec-21 in last Five Years. |
Latest Quick Ratio with value of 0.742 is Greater than Average Quick Ratio of -72.32 in last five years. |
Other Quick Ratio Related Info of CMSA that may interest you.
CMS Energy Corp. 5. 6% NT Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CMSA | 23.85 | 23.53 | 1.36 % | Multiline Utilities |
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
Excellent Stability |
FY - Historical Quick Ratio of CMS Energy Corp. 5. 6% NT
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.742 | 1.06 | -364.64 | 0.615 | 0.638 | 0.693 | 0.648 |
Change | -29.72 % | 100.29 % | -59367.76 % | -3.61 % | -7.87 % | 6.98 % | 3.96 % |
FY Chart of Quick Ratio of CMS Energy Corp. 5. 6% NT
Note : All Data Generated at the End of Trading Hours (EOD Data)