Quick Ratio Analysis of New Oriental Education & Tech - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - May-23
Indecisive Quick Ratio
1.94
Period Ending - May-22
Good Quick Ratio
2.60
Growth
-25.48 %
Most recent Quarter Quick Ratio
Period Ending - Feb-24
Indecisive Quick Ratio
1.91
Quick Ratio Analysis of New Oriental Education & Tech
| Quick Ratio of New Oriental Education & Tech with value of 1.91 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Feb-24. |
| Quick Ratio of EDU drastically fell by -25.48 % this year. |
| Quick Ratio with value of 2.60 was highest in Year May-22 in last Five Years. |
| Quick Ratio with value of 1.50 was lowest in Year May-20 in last Five Years. |
| Latest Quick Ratio with value of 1.94 is Greater than Average Quick Ratio of 1.93 in last five years. |
Other Quick Ratio Related Info of EDU that may interest you.
New Oriental Education & Tech Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| EDU | 75.18 | 76.55 | 1.79 % | Education & Training Services |
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
| Excellent Stability | |
FY - Historical Quick Ratio of New Oriental Education & Tech
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.94 | 2.60 | 1.88 | 1.50 | 1.71 | 1.66 | 1.91 |
| Change | -25.48 % | 37.94 % | 25.45 % | -12.31 % | 3.38 % | -13.13 % | -4.90 % |
FY Chart of Quick Ratio of New Oriental Education & Tech
Note : All Data Generated at the End of Trading Hours (EOD Data)