Quick Ratio Analysis of EastGroup Properties Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.966
Period Ending - Dec-22
Poor Quick Ratio
0.333
Growth
190.08 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.300
Quick Ratio Analysis of EastGroup Properties Inc
Quick Ratio of EastGroup Properties Inc with value of 0.300 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of EGP rose handsomely by 190.08 % this year. |
Quick Ratio of EGP trending up for at least three Years. |
Quick Ratio with value of 0 was lowest in Year Dec-20 in last Five Years. |
Latest Quick Ratio with value of 0.966 is Greater than Average Quick Ratio of 0.442 in last five years. |
Other Quick Ratio Related Info of EGP that may interest you.
EastGroup Properties Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
EGP | 166.65 | 165.86 | 0.476 % | REIT-Industrial |
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
No Significant Stability |
FY - Historical Quick Ratio of EastGroup Properties Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.966 | 0.333 | 0.264 | 0 | 0.644 | 0 | 0 |
Change | 190.08 % | 26.26 % | 0 % |
FY Chart of Quick Ratio of EastGroup Properties Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)