Quick Ratio Analysis of Erie Indemnity Company - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.31
Period Ending - Dec-22
Indecisive Quick Ratio
1.30
Growth
0.732 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.29
Quick Ratio Analysis of Erie Indemnity Company
| Quick Ratio of Erie Indemnity Company with value of 1.29 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ERIE has grown by 0.732 % Compared to previous Financial Year. |
| Quick Ratio with value of 2.40 was highest in Year Dec-19 in last Five Years. |
| Quick Ratio with value of 1.30 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 1.31 is lower than Average Quick Ratio of 1.72 in last five years. |
Other Quick Ratio Related Info of ERIE that may interest you.
Erie Indemnity Company Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ERIE | 362.43 | 373.95 | 3.08 % | Insurance Brokers |
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 Erie Indemnity Company
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.31 | 1.30 | 1.85 | 1.75 | 2.40 | 2.14 | 0.068 |
| Change | 0.732 % | -29.68 % | 5.83 % | -27.22 % | 12.54 % | 3022.79 % | -95.17 % |
FY Chart of Quick Ratio of Erie Indemnity Company
Note : All Data Generated at the End of Trading Hours (EOD Data)