Quick Ratio Analysis of DraftKings Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0
Period Ending - Dec-22
Indecisive Quick Ratio
1.30
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.34
Quick Ratio Analysis of DraftKings Inc
Quick Ratio of DraftKings Inc with value of 0 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of DraftKings Inc with value of 1.34 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of DKNG has fallen by 0 % Compared to previous Financial Year. |
Quick Ratio with value of 3.44 was highest in Year Dec-20 in last Five Years. |
Quick Ratio of DKNG trending down for at least three Years. |
Latest Quick Ratio with value of 0 is lower than Average Quick Ratio of 1.53 in last five years. |
Other Quick Ratio Related Info of DKNG that may interest you.
DraftKings Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DKNG | 41.95 | 38.91 | 7.81 % | Gambling |
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 Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Poor Stability Stock |
FY - Historical Quick Ratio of DraftKings Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0 | 1.30 | 2.45 | 3.44 | 0.459 | 0.768 | 0 |
Change | 0 % | -47.09 % | -28.78 % | 648.80 % | -40.20 % |
FY Chart of Quick Ratio of DraftKings Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)