Quick Ratio Analysis of Group 1 Automotive Inc - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.330
Period Ending - Dec-22
Poor Quick Ratio
0.327
Growth
0.977 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.269
Quick Ratio Analysis of Group 1 Automotive Inc
Quick Ratio of Group 1 Automotive Inc with value of 0.330 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Group 1 Automotive Inc with value of 0.269 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of GPI has grown by 0.977 % Compared to previous Financial Year. |
Quick Ratio with value of 0.384 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 0.254 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 0.330 is Greater than Average Quick Ratio of 0.317 in last five years. |
Other Quick Ratio Related Info of GPI that may interest you.
Group 1 Automotive Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GPI | 310.98 | 307.73 | 1.06 % | Auto & Truck Dealerships |
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
Low Stability Stock |
FY - Historical Quick Ratio of Group 1 Automotive Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.330 | 0.327 | 0.384 | 0.291 | 0.254 | 0.234 | 0.257 |
Change | 0.977 % | -14.84 % | 32.04 % | 14.69 % | 8.46 % | -9.12 % | 5.96 % |
FY Chart of Quick Ratio of Group 1 Automotive Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)