Quick Ratio Analysis of Copa Holdings SA - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0.856


Not Good Quick Ratio
Period Ending - Dec-22
0.914

Not Good Quick Ratio
Growth
-6.25 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.821


Not Good Quick Ratio
Quick Ratio Analysis of Copa Holdings SA
Quick Ratio of Copa Holdings SA with value of 0.821 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24.
Quick Ratio of CPA has fallen by -6.25 % Compared to previous Financial Year.
Quick Ratio with value of 1.41 was highest in Year Dec-20 in last Five Years.
Quick Ratio of CPA trending down for at least three Years.
Latest Quick Ratio with value of 0.856 is lower than Average Quick Ratio of 1.09 in last five years.
Other Quick Ratio Related Info of CPA that may interest you.
Copa Holdings SA Overview
CodePricePrevious PricePrice ChangeSector
CPA97.2399.14 1.93 % Airlines
Fundamental AnalysisTechnical Analysis
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 Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Quick Ratio of Copa Holdings SA
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio0.8560.9141.111.411.170.9341.06
Change-6.25 %-17.35 %-21.48 %20.52 %25.13 %-11.52 %-4.72 %
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FY Chart of Quick Ratio of Copa Holdings SA


Note : All Data Generated at the End of Trading Hours (EOD Data)