Quick Ratio Analysis of Forward Air Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0
Period Ending - Dec-22
Indecisive Quick Ratio
1.80
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.28
Quick Ratio Analysis of Forward Air Corporation
| Quick Ratio of Forward Air Corporation with value of 0 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Forward Air Corporation with value of 1.28 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of FWRD has fallen by 0 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.80 was highest in Year Dec-22 in last Five Years. |
| Quick Ratio with value of 0 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of 0 is lower than Average Quick Ratio of 0.963 in last five years. |
Other Quick Ratio Related Info of FWRD that may interest you.
Forward Air Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FWRD | 20.88 | 20.22 | 3.26 % | Integrated Freight & Logistics |
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
| Poor Stability Stock | |
FY - Historical Quick Ratio of Forward Air Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0 | 1.80 | 0 | 1.31 | 1.71 | 2.66 | 2.68 |
| Change | 0 % | 0 % | -23.25 % | -35.84 % | -0.807 % | 54.90 % |
FY Chart of Quick Ratio of Forward Air Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)