Quick Ratio Analysis of Globant SA - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.36
Period Ending - Dec-22
Good Quick Ratio
2.15
Growth
-36.58 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.42
Quick Ratio Analysis of Globant SA
| Quick Ratio of Globant SA with value of 1.42 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of GLOB drastically fell by -36.58 % this year. |
| Quick Ratio with value of 2.70 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio of GLOB trending down for at least three Years. |
| Latest Quick Ratio with value of 1.36 is lower than Average Quick Ratio of 2.09 in last five years. |
Other Quick Ratio Related Info of GLOB that may interest you.
Globant SA Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GLOB | 161.12 | 160.38 | 0.461 % | Information Technology Services |
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 Globant SA
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.36 | 2.15 | 2.19 | 2.70 | 2.02 | 2.34 | 2.13 |
| Change | -36.58 % | -1.97 % | -18.73 % | 33.35 % | -13.61 % | 9.75 % | -15.47 % |
FY Chart of Quick Ratio of Globant SA
Note : All Data Generated at the End of Trading Hours (EOD Data)