Quick Ratio Analysis of Garrett Motion Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.832
Period Ending - Dec-22
Not Good Quick Ratio
0.844
Growth
-1.48 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.808
Quick Ratio Analysis of Garrett Motion Inc
| Quick Ratio of Garrett Motion Inc with value of 0.808 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of GTX has fallen by -1.48 % Compared to previous Financial Year. |
| Quick Ratio with value of 0.895 was highest in Year Dec-20 in last Five Years. |
| Quick Ratio with value of 0.703 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 0.832 is Greater than Average Quick Ratio of 0.823 in last five years. |
Other Quick Ratio Related Info of GTX that may interest you.
Garrett Motion Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GTX | 8.53 | 8.5 | 0.353 % | Auto Parts |
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 Garrett Motion Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.832 | 0.844 | 0.840 | 0.895 | 0.703 | 0.682 | 0.744 |
| Change | -1.48 % | 0.497 % | -6.12 % | 27.25 % | 3.18 % | -8.40 % | -1.48 % |
FY Chart of Quick Ratio of Garrett Motion Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)