Quick Ratio Analysis of Graco Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Good Quick Ratio
2.35
Period Ending - Dec-22
Indecisive Quick Ratio
1.82
Growth
28.77 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Good Quick Ratio
2.80
Quick Ratio Analysis of Graco Inc
| Quick Ratio of Graco Inc with value of 2.35 indicates company has liquid assets to pay its obligations. |
| Quick Ratio of Graco Inc with value of 2.80 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of GGG rose handsomely by 28.77 % this year. |
| Quick Ratio with value of 2.35 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 1.82 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 2.35 is Greater than Average Quick Ratio of 2.04 in last five years. |
Other Quick Ratio Related Info of GGG that may interest you.
Graco Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GGG | 80.12 | 79.29 | 1.05 % | Specialty Industrial Machinery |
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
| Excellent Stability | |
FY - Historical Quick Ratio of Graco Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 2.35 | 1.82 | 1.94 | 2.30 | 1.82 | 1.47 | 1.67 |
| Change | 28.77 % | -5.88 % | -15.69 % | 26.44 % | 23.97 % | -12.51 % | -1.22 % |
FY Chart of Quick Ratio of Graco Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)