Quick Ratio Analysis of Group 1 Automotive Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0.330


Poor Quick Ratio
Period Ending - Dec-22
0.327

Poor Quick Ratio
Growth
0.977 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.269


Poor Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
GPI310.98307.73 1.06 % Auto & Truck Dealerships
Fundamental AnalysisTechnical Analysis
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 Formula

Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Low Stability Stock
FY - Historical Quick Ratio of Group 1 Automotive Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio0.3300.3270.3840.2910.2540.2340.257
Change0.977 %-14.84 %32.04 %14.69 %8.46 %-9.12 %5.96 %
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FY Chart of Quick Ratio of Group 1 Automotive Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)