Quick Ratio Analysis of First Watch Restaurant Grp Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.572
Period Ending - Dec-22
Not Good Quick Ratio
0.623
Growth
-8.16 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.547
Quick Ratio Analysis of First Watch Restaurant Grp Inc.
| Quick Ratio of First Watch Restaurant Grp Inc. with value of 0.547 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of FWRG has fallen by -8.16 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.660 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.295 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 0.572 is Greater than Average Quick Ratio of 0.550 in last five years. |
Other Quick Ratio Related Info of FWRG that may interest you.
First Watch Restaurant Grp Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FWRG | 19.68 | 19.45 | 1.18 % | Restaurants |
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
| Mild Stability | |
FY - Historical Quick Ratio of First Watch Restaurant Grp Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| Quick Ratio | 0.572 | 0.623 | 0.660 | 0.603 | 0.295 | 0.740 |
| Change | -8.16 % | -5.60 % | 9.46 % | 104.38 % | -60.15 % |
FY Chart of Quick Ratio of First Watch Restaurant Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)