Quick Ratio Analysis of Great Lakes Dredge & Dock - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.07
Period Ending - Dec-22
Not Good Quick Ratio
0.958
Growth
11.92 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.06
Quick Ratio Analysis of Great Lakes Dredge & Dock
| Quick Ratio of Great Lakes Dredge & Dock with value of 1.06 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of GLDD has grown by 11.92 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.92 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.958 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 1.07 is lower than Average Quick Ratio of 1.43 in last five years. |
Other Quick Ratio Related Info of GLDD that may interest you.
Great Lakes Dredge & Dock Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GLDD | 8.78 | 9.19 | 4.46 % | Engineering & Construction |
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
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Great Lakes Dredge & Dock
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.07 | 0.958 | 1.92 | 1.86 | 1.33 | 1.09 | 1.51 |
| Change | 11.92 % | -50.03 % | 3.05 % | 40.26 % | 21.17 % | -27.72 % | 0.854 % |
FY Chart of Quick Ratio of Great Lakes Dredge & Dock
Note : All Data Generated at the End of Trading Hours (EOD Data)