Quick Ratio Analysis of Copart Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Jul-23
Excellent Quick Ratio
6.54
Period Ending - Jul-22
Very Good Quick Ratio
4.86
Growth
34.51 %
Most recent Quarter Quick Ratio
Period Ending - Jan-24
Excellent Quick Ratio
6.78
Quick Ratio Analysis of Copart Inc
| Quick Ratio of Copart Inc with value of 6.54 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Copart Inc with value of 6.78 indicates company has liquid assets to pay its obligations in latest Quarter ending on Jan-24. |
| Quick Ratio of CPRT rose handsomely by 34.51 % this year. |
| Quick Ratio of CPRT trending up for at least three Years. |
| Quick Ratio with value of 2.36 was lowest in Year Jul-19 in last Five Years. |
| Latest Quick Ratio with value of 6.54 is Greater than Average Quick Ratio of 4.07 in last five years. |
Other Quick Ratio Related Info of CPRT that may interest you.
Copart Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CPRT | 54.5 | 54.58 | 0.147 % | Auto & Truck Dealerships |
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 Copart Inc
| Period | Jul-23 | Jul-22 | Jul-21 | Jul-20 | Jul-19 | Jul-18 | Jul-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 6.54 | 4.86 | 3.94 | 2.65 | 2.36 | 2.50 | 1.91 |
| Change | 34.51 % | 23.50 % | 48.54 % | 12.19 % | -5.40 % | 30.75 % | 8.91 % |
FY Chart of Quick Ratio of Copart Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)