Quick Ratio Analysis of Copa Holdings SA - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.856
Period Ending - Dec-22
Not Good Quick Ratio
0.914
Growth
-6.25 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.821
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CPA | 97.23 | 99.14 | 1.93 % | Airlines |
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
No Significant Stability |
FY - Historical Quick Ratio of Copa Holdings SA
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.856 | 0.914 | 1.11 | 1.41 | 1.17 | 0.934 | 1.06 |
Change | -6.25 % | -17.35 % | -21.48 % | 20.52 % | 25.13 % | -11.52 % | -4.72 % |
FY Chart of Quick Ratio of Copa Holdings SA
Note : All Data Generated at the End of Trading Hours (EOD Data)