Quick Ratio Analysis of Carvana Co - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.41
Period Ending - Dec-22
Indecisive Quick Ratio
1.01
Growth
40.30 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.62
Quick Ratio Analysis of Carvana Co
Quick Ratio of Carvana Co with value of 1.62 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of CVNA rose handsomely by 40.30 % this year. |
Quick Ratio with value of 1.90 was highest in Year Dec-20 in last Five Years. |
Quick Ratio with value of 0.603 was lowest in Year Dec-21 in last Five Years. |
Latest Quick Ratio with value of 1.41 is Greater than Average Quick Ratio of 1.12 in last five years. |
Other Quick Ratio Related Info of CVNA that may interest you.
Carvana Co Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CVNA | 103.06 | 106.74 | 3.45 % | 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
Poor Stability Stock |
FY - Historical Quick Ratio of Carvana Co
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 1.41 | 1.01 | 0.603 | 1.90 | 0.690 | 0.761 | 0.857 |
Change | 40.30 % | 67.04 % | -68.23 % | 175.18 % | -9.28 % | -11.26 % | 87.59 % |
FY Chart of Quick Ratio of Carvana Co
Note : All Data Generated at the End of Trading Hours (EOD Data)