Quick Ratio Analysis of Destination XL Group Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Jan-24
Not Good Quick Ratio
0.804
Period Ending - Feb-23
Not Good Quick Ratio
0.600
Growth
34.13 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Not Good Quick Ratio
0.732
Quick Ratio Analysis of Destination XL Group Inc
Quick Ratio of Destination XL Group Inc with value of 0.732 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24. |
Quick Ratio of DXLG rose handsomely by 34.13 % this year. |
Quick Ratio with value of 0.883 was highest in Year Jan-23 in last Five Years. |
Quick Ratio with value of 0.254 was lowest in Year Feb-22 in last Five Years. |
Latest Quick Ratio with value of 0.804 is Greater than Average Quick Ratio of 0.581 in last five years. |
Other Quick Ratio Related Info of DXLG that may interest you.
Destination XL Group Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DXLG | 3.62 | 3.56 | 1.69 % | Apparel Retail |
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
Low Stability Stock |
FY - Historical Quick Ratio of Destination XL Group Inc
Period | Jan-24 | Feb-23 | Jan-23 | Feb-22 | Jan-22 | Feb-21 | Jan-21 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.804 | 0.600 | 0.883 | 0.254 | 0.366 | 0.188 | 0.250 |
Change | 34.13 % | -32.06 % | 247.67 % | -30.72 % | 95.19 % | -24.83 % | 51.83 % |
FY Chart of Quick Ratio of Destination XL Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)