Quick Ratio Analysis of Delta Air Lines Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.339
Period Ending - Dec-22
Poor Quick Ratio
0.447
Growth
-24.11 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.356
Quick Ratio Analysis of Delta Air Lines Inc
Quick Ratio of Delta Air Lines Inc with value of 0.339 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Delta Air Lines Inc with value of 0.356 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of DAL drastically fell by -24.11 % this year. |
Quick Ratio with value of 1.05 was highest in Year Dec-20 in last Five Years. |
Quick Ratio of DAL trending down for at least three Years. |
Latest Quick Ratio with value of 0.339 is lower than Average Quick Ratio of 0.577 in last five years. |
Other Quick Ratio Related Info of DAL that may interest you.
Delta Air Lines Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DAL | 51.02 | 50.11 | 1.82 % | 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
Very Low Stability Stock |
FY - Historical Quick Ratio of Delta Air Lines Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.339 | 0.447 | 0.708 | 1.05 | 0.346 | 0.284 | 0.351 |
Change | -24.11 % | -36.90 % | -32.37 % | 202.22 % | 21.76 % | -18.90 % | -18.51 % |
FY Chart of Quick Ratio of Delta Air Lines Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)