Quick Ratio Analysis of EastGroup Properties Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0.966


Not Good Quick Ratio
Period Ending - Dec-22
0.333

Poor Quick Ratio
Growth
190.08 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.300


Poor Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
EGP166.65165.86 0.476 % REIT-Industrial
Fundamental AnalysisTechnical Analysis
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 Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
No Significant Stability
FY - Historical Quick Ratio of EastGroup Properties Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio0.9660.3330.26400.64400
Change190.08 %26.26 %0 %
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FY Chart of Quick Ratio of EastGroup Properties Inc


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