Quick Ratio Analysis of Franco-Nevada Corporation - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Excellent Quick Ratio
41.18
Period Ending - Dec-22
Excellent Quick Ratio
27.55
Growth
49.47 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Excellent Quick Ratio
29.30
Quick Ratio Analysis of Franco-Nevada Corporation
Quick Ratio of Franco-Nevada Corporation with value of 41.18 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Franco-Nevada Corporation with value of 29.30 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of FNV rose handsomely by 49.47 % this year. |
Quick Ratio of FNV trending up for at least three Years. |
Quick Ratio with value of 5.14 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 41.18 is Greater than Average Quick Ratio of 20.74 in last five years. |
Other Quick Ratio Related Info of FNV that may interest you.
Franco-Nevada Corporation Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FNV | 116.08 | 116.18 | 0.086 % | Gold |
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
Excellent Stability |
FY - Historical Quick Ratio of Franco-Nevada Corporation
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 41.18 | 27.55 | 17.38 | 12.47 | 5.14 | 6.92 | 26.96 |
Change | 49.47 % | 58.50 % | 39.43 % | 142.69 % | -25.81 % | -74.32 % | 182.76 % |
FY Chart of Quick Ratio of Franco-Nevada Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)