Quick Ratio Analysis of Devon Energy Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.986
Period Ending - Dec-22
Indecisive Quick Ratio
1.19
Growth
-17.02 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.969
Quick Ratio Analysis of Devon Energy Corporation
| Quick Ratio of Devon Energy Corporation with value of 0.969 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of DVN has fallen by -17.02 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.34 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.986 is Greater than Average Quick Ratio of 0.970 in last five years. |
Other Quick Ratio Related Info of DVN that may interest you.
Devon Energy Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DVN | 49.62 | 49.24 | 0.772 % | Oil & Gas E&P |
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
| Good Stability | |
FY - Historical Quick Ratio of Devon Energy Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.986 | 1.19 | 1.34 | 0 | 1.34 | 1.90 | 1.45 |
| Change | -17.02 % | -11.28 % | 0 % | -29.85 % | 31.77 % | 5.66 % |
FY Chart of Quick Ratio of Devon Energy Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)