Quick Ratio Analysis of Godaddy Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.515
Period Ending - Dec-22
Poor Quick Ratio
0.450
Growth
14.65 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.549
Quick Ratio Analysis of Godaddy Inc
| Quick Ratio of Godaddy Inc with value of 0.549 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of GDDY has grown by 14.65 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.587 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.375 was lowest in Year Dec-20 in last Five Years. |
| Latest Quick Ratio with value of 0.515 is Greater than Average Quick Ratio of 0.502 in last five years. |
Other Quick Ratio Related Info of GDDY that may interest you.
Godaddy Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GDDY | 139.63 | 138.21 | 1.03 % | Software-Infrastructure |
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 Godaddy Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.515 | 0.450 | 0.587 | 0.375 | 0.582 | 0.549 | 0.372 |
| Change | 14.65 % | -23.35 % | 56.41 % | -35.62 % | 6.06 % | 47.68 % | -22.45 % |
FY Chart of Quick Ratio of Godaddy Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)