Cash Ratio Analysis of Devon Energy Corporation - Deep Dive


Cash Ratio of DVN
Dec-23
0.297
Poor Cash Ratio
Dec-22
0.468
Poor Cash Ratio
Growth
-36.64
%
Cash Ratio Analysis of Devon Energy Corporation
Cash Ratio of Devon Energy Corporation with value of 0.297 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of DVN drastically fell by -36.64 % this year.
Cash Ratio with value of 1.55 was highest in Year Dec-20 in last Five Years.
Cash Ratio of DVN trending down for at least three Years.
Latest Cash Ratio with value of 0.297 is lower than Average Cash Ratio of 0.752 in last five years.
Other Cash Ratio Related Info of DVN that may interest you.
Devon Energy Corporation Overview
CodePricePrevious PricePrice ChangeSector
DVN49.6249.24 0.772 % Oil & Gas E&P
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Good Stability
FY - Historical Cash Ratio of Devon Energy Corporation
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.2970.4680.6841.550.7601.080.806
Change-36.64 %-31.52 %-55.98 %104.48 %-29.94 %34.49 %7.68 %
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FY Chart of Cash Ratio of Devon Energy Corporation


Note : All Data Generated at the End of Trading Hours (EOD Data)