Quick Ratio Analysis of DCP Midstream LP - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-22
Very Poor Quick Ratio
-0.162
Period Ending - Dec-21
Not Good Quick Ratio
0.832
Growth
-119.48 %
Most recent Quarter Quick Ratio
Period Ending - Jun-23
Not Good Quick Ratio
0.840
Quick Ratio Analysis of DCP Midstream LP
Quick Ratio of DCP Midstream LP with value of -0.162 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of DCP Midstream LP with value of 0.840 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jun-23. |
Quick Ratio of DCP drastically fell by -119.48 % this year. |
Quick Ratio with value of 0.832 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of -0.162 was lowest in Year Dec-22 in last Five Years. |
Latest Quick Ratio with value of -0.162 is lower than Average Quick Ratio of 0.494 in last five years. |
Other Quick Ratio Related Info of DCP that may interest you.
DCP Midstream LP Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DCP | 41.69 | 41.66 | 0.072 % | Oil & Gas Midstream |
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 DCP Midstream LP
Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
---|---|---|---|---|---|---|---|
Quick Ratio | -0.162 | 0.832 | 0.598 | 0.577 | 0.626 | 0.843 | 0.249 |
Change | -119.48 % | 39.01 % | 3.76 % | -7.88 % | -25.71 % | 238.02 % | -81.04 % |
FY Chart of Quick Ratio of DCP Midstream LP
Note : All Data Generated at the End of Trading Hours (EOD Data)